Apparently selling stuff for 300% what you could pay it for at Ikea isn’t a great business model………not that I didn’t mention it before when the price was three times higher.
Blowout earnings. Breathtaking growth. Accolades from analysts. BUt a net negative price change at the opening bell. I’d say growth is done here. They’re out of humans.
Yesterday it was Fitbit. Today it’s Under Armour. It seems that companies selling health-related gear are suddenly doing something that stocks have been federally-forbidden from doing for the past eight years: collapsing like lead stones.
The farther Twilio collapses in price, the more of a tool this chubby founder on the cover of Forbes appears to be……….
“As goes January, so goes the year.” What a load of crap. I offer Exhibit A, the year 2016: