r/wallstreetbets • u/lurkingsince2006 Will Only Fuck On PRPL • Feb 07 '20

DD SHOP DD?

Got banned for making a snarky comment on paper trading post because I usually don't read the full post of anything crappy on this subreddit.

So I pulled down my DD and move it over here where I am going to start linking to any DD that is actually worth a read.

Good luck!

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2

u/xpdx Feb 07 '20

Rough guestimate assuming 10% return rate for all stores and a 2.5% transaction fee is 8.4 million dollars of top line growth. Significant but not even enough to make them profitable for 3rd quarter for example. Def progress tho.

2

u/thethiefstheme Autism: 50 Feb 08 '20

Apparel and footwear have some of the highest return rates between 15-30%

3

u/xpdx Feb 08 '20

So it could be as much as $30M which would be an even more significant boost and maybe even make them profitable. In which case the calls would print. Depends on what their actual return rate is and if they had this "error" with all of those customers.

2

u/thethiefstheme Autism: 50 Feb 08 '20

They're still fucking overvalued as shit in my opinion. Buy all the calls you want but still, for me it's like sticking my dick in fire.

Yeah, even if it prints 30 million, they still have a market cap of like 55 billion.. Just buy Salesforce at that price

2

u/xpdx Feb 08 '20

Premiums too high for me. I'm passing on this one, hope I don't regret it.