Shares of RH, formerly Restoration Hardware, fell 26% in Friday trading

truetype said:
Forseen by a former Vendor's quant team... We have entered short restoration hardware at 48.63 per share with a downside target of 22. They are building "mansions" as stores rather than going the opposite direction. I can not see this as being a sustainable strategy.

http://www.marketwatch.com/story/rh...g-itself-up-to-compete-with-amazon-2017-06-02
More...

Up $18 after hours.... $68 :D

Hope that quant team flattened out before they got the F outta dodge for the hurricane.
Ouch!

Edit: I tried to short the pig at $69 for an AH's quickie (spare me the jokes).... no shares available.
 
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