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TUEM, any reason to avoid taking a stab?

Posted on 9/10/21 at 10:57 am
Posted by Tiger580307019
Member since Jul 2021
14 posts
Posted on 9/10/21 at 10:57 am
Looks like Tuesday morning stock is down 50% in 2 days. My wife enjoys shopping there, I'm considering buying a small stake at these levels and holding it for awhile.

Earnings were horrible, but in this easy money, low interest rate environment, does that matter as much as it used to? It seems that this stock is getting punished far more severely than other companies that have stinker earnings in the COVID era, and I'd like to figure out why before deciding to buy or not.
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7369 posts
Posted on 9/11/21 at 4:37 pm to
My take is usually 100% opposite of how things end up…but my take is this

That was a very bad earnings miss.
There was some attempt at a rally on Friday, but it failed.
I don’t think this stock has found a bottom yet.
I’d wait for volume to settle down before entering and trying to ride it up.
Posted by el Gaucho
He/They
Member since Dec 2010
52977 posts
Posted on 9/11/21 at 7:00 pm to
I might ride with you on this one

My biggest regret is not buying crox after covid

It dropped down to 8 bucks a share now it’s 140
Posted by Drizzt
Cimmeria
Member since Aug 2013
12883 posts
Posted on 9/12/21 at 10:25 am to
Every woman I know loves this store. Not sure why it’s done so poorly.
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