14 Comments
 

Just another glamour stock with a chance to succeed and an equal chance to be vastly overpriced despite being a solid company. Plenty of room for growth just not at the price you're gonna have to pay right now.

 
Best Response
adapt or dieIs this thing a no-brainer buy or what?

Anyone follow it or have any opinions? I feel like it could be the next Chipotle.

It does feel like a "no-brainer" to me. As in, if you have no brain...

It's an over hyped fad, like anything else before it. There's one overriding theme to all of these companies. People do not like to exercise. There's always some brand, sport, whatever that will be the "flavour of the month" in this industry as people make themselves believe that THIS will be what cures their distaste for exercise.

Does it pass your common sense test? The US is in a recession, unemployment is high. Why the hell am I buying $150 yoga pants made of seaweed and good vibes?

As a momentum stock - it's done great, however I feel like the value proposition that the company is offering just isn't there and will come back down to earth eventually.

 

at 61x earnings for a retail name......no at 25x book ...no to continue to support girls wearing yoga pants....yes

Here's the thing. If you can't spot the sucker in the first half hour at the table, you are the sucker.
 

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