T.E.P...SPOT ON AS USIAL. Black Friday numbers are starting to trickle in. Early indications are 5.2B in sales vs 4.2B for 2019 in the US. Very impressive growth rates...up 20 something%. CYBER MONDAY is expected to generate 12.5B in sales( This Monday US time).These numbers are just HUGE. As this thread started with...ETSY ON A TEAR...we now know why. Black Friday numbers are fluid as most sales/offers run until Sunday US time.For newcomers to the RBL train, the US represents the bulk of overall sales.
I agree with your $7 target...either local insto's get on board or a larger rival with a 2-3x valuation multiple with take out RBL. I am under the impression shopping malls in America are deserted or just have limited capacity ( so many shoppers are allowed in at one hit).I'll take it as somewhat a reverse indicator that the RBL site has been down or reacting slowly...the site is probably overloaded with orders.
Good luck to all holders...
ETSY ON A TEAR, page-12
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33.5¢ |
Change
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Mkt cap ! $96.1M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 34.0¢ | 32.5¢ | $38.49K | 115.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2205 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 4718 | 1 |
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