CLX: Clorox bleeding cash, structural short Короткая

Clorox Company (The)NYSE

Описание

⋅ 26 сен 2016 г., 02:05

I think this is a really good short setup. The company is bleeding cash, funding their huge dividend with debt, not complying with regulations regarding the usage of sustainable palm oil on their products and the technical chart shows an ideal entry against resistance here.
The entry is very tactical, a perfect technical setup, paired with bad fundamentals for this company, with only a 1% earnings yield, a 1.2% free cash flow yield, and falling free cash flow and after tax margins.

Good luck if taking it.

Ivan Labrie.

Комментарий

⋅ 26 сен 2016 г., 15:58

80 cent profit from the entry already.

Комментарий

⋅ 29 сен 2016 г., 19:03

Hold! You can move stops to entry if you want.

Комментарий

⋅ 3 окт 2016 г., 15:19

Great.

Сделка закрыта вручную

⋅ 3 окт 2016 г., 19:55

Out for now.

Комментарий

⋅ 3 окт 2016 г., 19:56

(@ 124.31)

Сделка активна

⋅ 5 окт 2016 г., 15:55

I reentered, but didn't get to update:

Комментарий

⋅ 7 окт 2016 г., 16:37

Hold and add.

Комментарий

⋅ 15 окт 2016 г., 23:16

Сделка закрыта вручную

⋅ 8 ноя 2016 г., 13:18

Сделка активна

⋅ 23 ноя 2016 г., 19:04

Reshorted at 115.96

Комментарии

timwest

⋅ 4 окт 2016 г., 04:30

Keep a close eye on this for another shorting opporunity. This is true evidence that there is a lot of junk out there that is trading at "perfection" valuations and think this is an exceptionally vulnerable stock longer term. Nice job finding this one Ivan.

IvanLabrie

⋅ 4 окт 2016 г., 04:31

Thanks, I'll look to reenter when viable, don't have much in my short book other than this, NFLX, FB, and DB, which is now in my long book hehe.

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