Who is buying APRN??

[Humble Investor]

I've been thinking about APRN for a while now and I can't believe anyone buying this stock even $3/share. I usually don't short stocks but I have a small short position on this one.

If you are long & bullish, please let me know why.

Thanks.

 

[beerntrading]

I wouldn't play either side of this one myself, but WMT could pick this one up for its trademarks in a tit-for-tat with Amazon would be one risk to this I see. Another would be a short squeeze.

Some nice option plays on this one though.

 

[zdreg]

underwriters t

I've been thinking about APRN for a while now and I can't believe anyone buying this stock even $3/share. I usually don't short stocks but I have a small short position on this one.

If you are long & bullish, please let me know why.

Thanks.

for the next minute , for the next week or for the next months?

 

[zdreg]

I can't believe anyone buying this stock even $3/share.

can you post your analysis how u came up with a $3 number?

 

[Scataphagos]

The squawk on APRN seems to be... (1) margins too low, and (2) operating expenses too high.

So.... where's the fair value price??

 

[Humble Investor]

underwriters t


for the next minute , for the next week or for the next months?

For next few weeks. Q2 is on August 10th and this is a small (1%) position anyway.

 

[Humble Investor]

can you post your analysis how u came up with a $3 number?

They have $342m of pro forma cash. At least $140m of Capex for 17, 18 and they are losing at least $25-30m a quarter on operating level for foreseeable future. They possibly have to raise capital in the next few quarters. Margins are also going down. I value this business at 1.4x my 2017 gross profit estimate of $356m or $3.26/share.

 

[Humble Investor]

Wow, Amazon meal kits is already live and it's sold out. APRN days could be numbered now!
http://uk.businessinsider.com/amazon-fresh-blue-apron-knock-off-is-live-2017-7?r=US&IR=T

 

[Mark Lapin]

I've been thinking about APRN for a while now and I can't believe anyone buying this stock even $3/share. I usually don't short stocks but I have a small short position on this one.

If you are long & bullish, please let me know why.

Thanks.

People who use the apron service are probably buying it. Just like the people who went long Krisy Kreme donuts (KKD) - they were probably the ones eatting that crap daily for breakfast lunch and dinner.

 

[SoesWasBetter]

I've been thinking about APRN for a while now and I can't believe anyone buying this stock even $3/share. I usually don't short stocks but I have a small short position on this one.

If you are long & bullish, please let me know why.

Thanks.

I bashed it day 1 when it was still >10 (not here, elsewhere)

What's the point in coming in now with this?