Vestis Stock Discussion

A lesson in liquidity, guh. These calls were up quite a bit, but there were few buyers. I’ve since learned!

I’ve been buying ballast stocks and calls with profits. New ATHs are leading them to profit. Vestis is a AraMark spinoff that does commercial laundry. It spiked on announcement of earnings next month. I will likely sell into volatility just before.
An aspirational sell order went through this morning on LNTH calls. The stock is up nearly 30% today. Haven’t yet seen why. But I chose shares and calls based on their earnings growth. Lovely surprise to see they sold at 300% profit.

Vestis split from ARAMARK last fall. it is a laundry and uniform company. The sort f boring business that I seek to provode ballast for my portfolio of largely tech and some crypto related tickers. I started this position this week as I feel tge company os poised for success.

Vestis has potential for increased profit through expansion of product offerings and new market entries. Analysts consider it a high return bet despite lower valuation compared to competitors.