it's interesting because about a year ago, on the surface of it the business looked good. Strong operating cf, good ebitda margins, growing gm (however revenue growth was a bit weak). I was close to buying in as I thought based off this it looked inexpensive. I'm glad I didn't obviously, but I think the market was able to see through it. It'd jumped up like every single tech stock off the back of covid but the business itself is nothing special. Their software and offering isn't unique at all.
Will be interesting to see how low it goes.
DTC Price at posting:
78.5¢ Sentiment: Sell Disclosure: Not Held
