Besides being a husband, father, blogger, and designer-of-new-things, I’m also a pretty decent cook. I do pretty much all the cooking at Chez Knight, and so I’m fairly acquainted with ingredients, food preparation, cooking techniques, and overall making happy eaters.
It’s therefore with special interest that I’ve been following Blue Apron, which went public last year to quite a bit of fanfare (and about which I’ve written a few times).
And these guys only came public in June of this year……….
Excited, excited executives!
I’ve never been a fan of Blue Apron (APRN), and I’ve written out it before, including this post from earlier this year. As you can see, the stock has been a ceaseless disaster. This is the entire history of the firm as a public entity, and even in this completely fake, fraudulent, phony bull market, it has collapsed almost to the point of delisting………
Hey, first, let’s do a little experiment to see if Wall Street analysts have become any better at their well-paying jobs. Let’s take, for instance, Blue Apron, and see what the boys had to say:
OK. Currently not a single “sell”, and a solid ‘Hold” for the entire available history. How’s the stock doing? (more…)