A newer short position of mine is Restoration Hardware (RH), which has actually already lost about three-quarters of its market cap! My stop-loss level is 217.65
Here’s an amusing clip during the last earnings call when their CEO had an off-the-cuff reaction to their share price, which he hadn’t glanced at in a while, evidently:
Here is the longer-term chart. We are below a massive area of overhead supply.
