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Short WING -- Pre-Earnings Fade
Wingstop Inc.
Short
Short WING -- Pre-Earnings Fade
By Mike_Ivancie
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Updated
May 7, 2020
2
Apr 29, 2020
Consumption breakdown on extended shelter in place and job losses
Is early April guidance still good? Especially in light of the US consumer
Is closure really net positive for the brand long term?
ATHs why wouldn't you secure profits in this market?
May 7, 2020
Note
Stopped out.
Won't delete ideas but this was a stinker.
WING well positioned for take out orders. Stronger demand than I anticipated. Good for them. Closed.
May 7, 2020
Trade closed: stop reached
Chart Patterns
Trend Analysis
Mike_Ivancie
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