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Poshmark Inc (POSH)

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POSH Comments

$7.65 cash on hand per share....if this doesn't pop, it's going to be an acquisition target 😬.
This is well under 3x sales...smh....
CFO Amazon is now CFO POSHMARK - good sign
Poshmark CEO said they willingly reduced ad spending to assess the apple privacy changes, that is what impacted their sales in comparison with other secondhand retailers.They resumed ad spending in october and started seeing positive results, according to CEO
Analyst downgraded POSH PT due to the very disappointing Q3 Earning caused by AAPL regulation changed. But Analysts said they are not throwing the towel yet because they wpuld like to see the future growth after establishing BRAND closet programs. What do you think? I thought the same too. I will continue to buy in more to hedge down cost till March 2022 and see what Manish the CEO could do. Hope POSH will not disappointing us again.
"The results and outlook are disappointing for a high-growth company that willrely mainly on sales upside for a re-rating, and is occurring at a time when there is exceptional consumer demand industry-wide, and while other retailers have delivered strong upside," MKM said. "While we had viewed 4Q as a unique opportunity for Poshmark to capitalize on the supply chain constraints faced by the majority of the retail industry, 4Q guidance doesn't assume a bullish outcome, and is below our prior view of sales and EBITDA." Poshmark is guiding for fourth-quarter revenue in the range of $80 million to $82 million. The FactSet consensus is for sales of $81.5 million. Also: ThredUp is lowering prices to attract customers who are paying more for other goods due to inflation "We can't mince words: Poshmark's Q3 print was very disappointing," wrote Wedbush analysts. Still, the research group maintained its outperform stock rating. Analysts cut their price target to $23 from $32. "We're
I buy more
buying opprtunity, won't last for long
Sold this last night with loss, glad now
Crash to around 12 $ this week
please comments …
Lets rock and roll baby...
poshmark is poorly managed. The support team has not been responding to customers since April. not paying customers. How is this company listed on the stock market? fraud. I have a lot of evidence. I can send it to anyone who wants it by e-mail. get out of this feeling and get rid of it. you will melt away.
I would like to see this info for myself. I have bought a few shares in this company, and also I sell on their platform.
Everyone complaining because they're bag holding. Trade this high IV stock with momentum. Also, if you've ever used the app, you'd know this company isn't total ******-- just overvalued at IPO.
of course 99% of new IPOs are overvalued. this should have been listens at 10-15$ fair value. but these greedy scm had to become billionaires.
Crap Stock. will bankrupt soon!! outsourcing all their service to India.
wow are you kidding me 100+ IPO offering what happened to 10, 15, 20 dollar IPO offering. Greed! very very overinflated price.
We get cought holding the bag.
******stock. Company is losing money. The owner and investors knows this, ipo ... get their money.
Bought in today. It's worth 1B in name recognition alone. They need to set up a algorithm though to were people can't sale a pair of new Jeans that retail for 40$ but on their site for 60$.At this point it seems a lot of people like to sale on posh, just not buy to the same severity.But this leaves opportunity. People are scared of sites like Amazon for selling. But poshmark makes it easier
I got in way higher than this... I am bad holding.  This is a good price but this stock has never had much volume.
check out ThredUp much better IPO price.
Should I Buy?
Not yet until it had a healthy recovery
crap stock.
urgh. ugly chart,
loaded up *******8, wish me luck!
haha, apparently this forum algo blocks out a combi of "@" "5" "5"
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