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lilaita : I think you are right. CEO has a tough road ahead, brand perception is just not what it was.
韭菜变主力 OP lilaita : It’s still possible to go up though; the downside risk is limited, given the panic put purchase the day after the earning report. I sold only because I was afraid it might just drift downward due to the down slanted 50 day moving average. Might buy it back at a lower price.
lilaita : Well. The brand is somewhat despised in America. I would wait until there is proof of a solid turnaround before a repurchase. Personally I could never hold this stock, my kids are activist oriented and already concerned with my little trists with the market. Holding this would definitely get me in some trouble with them. Nothing worse than being scolded by your kids so this one is a hard pass for me.
lilaita : aside from puts. Because they would be pround to know i shorted this one.
韭菜变主力 OP lilaita :
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