Why is it compelling when the growth rate is far lower than many of the companies we discuss here…I get that it might be a candidate for a short term bet that the highly variable stock price is due for a boost…
BINGO, the bolded section is exactly why it’s compelling, good job! I’m open to short term trades now and again when the odds/risks seem in my favor, and I think wouter did a good job of explaining why that may be the case here.
…but such short term plays are not really what this board is about.
I agree with you, the short term nature of this potential trade is not what this board is about, so I won’t post about it again.
But, SFIX, the company, really is not off topic here as it’s forecasting growth in the mid 30% range, and recently increasing, which would fit growth stock status, even here (although on the low end). I of course, see where few here would sell their higher conviction stocks in favor of this trade, but some of us still have some cash available to deploy and may like to take the chance.
It may work out, it may not, but I do appreciate wouter pointing out the trends he saw and letting us each make our own decision.