I wouldn't be too quick to assume structual issues and a huge effect from an online competitor; let's not forget that the original target they were seeking was a record profit, and this result will still not be too far off a record profit. It is however, a record year in terms of total sales value.
We might see the SP dip lower still, but should stabilise once we find a range that investors see value.
Short squeeze, page-63
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$17.39 |
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