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Feel like you're a little late to the party.
Co-signed.
^^
GTFO, this can't be a real post.
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.
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.
This didn’t age well
Dude you're at least 3 years to late to this party . . .
at 61x earnings for a retail name......no at 25x book ...no to continue to support girls wearing yoga pants....yes
this
bro I had this idea pitched to me in one of my finance classes last semester by a chick who I'm pretty sure didn't know what the Dow Jones was... you're definitely late to this party
They see me trollin', they hatin'...
This is insane to look back on holy shit
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