YETI Short Idea
YETI lock up expiration was 4/23. Stock has doubled since IPO and insider have a nice chance to cash out. More competition in the market. Intrinsic value near $16 being generous. If shares don’t snap the trend line before earning, possibly earnings will be better than expected? Will be hard to justify earnings with a PE of 50 for this type of product.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.