its down over 80% from the high it worth dipping into or should i wait?
Yeah I fundamentally dont like their business.
Why is Wayfair still there?
Lots of people want to buy cheap furniture online, Amazon doesn’t do furniture with 2 day shipping etc.
Lol, there are so many cheaper/better stocks to buy. Just buy the market index (VTI) itself and you should be good to go
Nope. Read my handle. I have been short W since 160 using puts. Would cover the short on a 20% decline such as the one today as it becomes a buyout candidate. W trading at 24.47.
Is W heading to 0?
At this point look for profitability. In a recession that’s what people will care about. That p/e better be > 0.
Yes
Yeah, probably worth picking up some shares at $30.
Oh look how wrong y’all were.
*dies in pain*
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Don’t think so, company may fail, make safer bets buying the dip.
Do you think wayfair will dip below a 1 billion market cap?
I’d be very surprised if Wayfair fails due to a month interruption of supply chains