Serta Perfect Day Applause
Serta perfect day applause. Nice short around 195 in epsilon
Love this stock. At $0.80 in the last year, they were at $15/share. From all reports, the sales have been a lot better than expected over the last quarter. They are focusing on attracting a younger demographic. Good luck! 😉
Selling an entire product line that has existed for decades and has a good install base (sleepers) is easy and the payoff comes with easy profits once things start to grind. $100 million/year with growing margins? That'll push the price to almost $3 and make a sizeable valuation. How long until long-only retail investors get to make quick money? I believe in the market and don't see how the risk/reward is that high, in this case.
Long-only investors can make quick money too.... unless you want to bet against it.
My sister-in-law got an early bird scoop on this stuff because she's a certified SCM specialist. It's good you're seeing the light, brother. It's worth it to open a mini position in a green company when it has no precedent for positive earnings news.
What position in the company?
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