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Four years ago a 3.9bn offer was rejected, at this time the company was a third the size it is now. I'm not suggesting a 12bn offer but it puts things in perspective when considering the possibilities here in comparison to the crazy market cap today.
Yesterday you said Facebook is down 20% premarket so this will tank under 110, we got very strong Amazon results last night which is actually relevant to global consumer discretionary and has a large influence over risk trends. Today you say I am mental get help for raising this point? You really are an insidious nasty little person. You don't own this stock you a bored sad person with nothing better to do with your day than pretend to be involved.
Mando 115-135p range is possible but I see it going a lot higher just due to market shaking off irrational thought. Either way when we get an update on structural change there is no scenario I imagine that doesn't bring upside this is going to be one of those stocks you look back in years to come and double take at the chart.
Don't worry about it, I'm sure we have all had our frustrations with the THG share price. When I'm feeling like that about a stock I reassess the numbers, projections, value metrics etc which in this case is assuring.
To be fair we all expected this crap reporting as we do every Sunday don't let it get to you. Critics will be silenced in time but without them the opportunity would have been far less so keep that in mind.
Given the evidence I'm certain this chap has been margin called and we all know what the market does to you when you get stopped out. Feel for the chap it was literally announced to his coworkers and all those who work for him publically he's probably behind the sofa this weekend.
The 7% drop was reasonable on initial information but now the market understands and after Fridays epic nasdaq move I think this snaps back hard Monday, quite possibly double digit gains. I also wouldn't be surprised to see other directors buy next week as a show of faith, that would make sense.
I retract my thumbs up to the fed statement! Forgot Powell was still to speak. Future's are down but so volatile of late, expect a red start then see where the action takes us. Im hopeful the bottom is in now, a 2-4% drop first thing that holds up would be a good start and nice little swing trade for me.