I lived at home until I saved $25k. Then went all on the the dip last July hoping it would make me some quick bucks. I still buy some here and there to bring my average down but now I think I may be in too deep.

    https://i.redd.it/u0hz2571gopg1.jpeg

    Posted by _Dwarf_Mafia

    40 Comments

    1. Prestigious-Craft251 on

      You have your life savings on the line invested in a company that makes leggings. And you’re asking reddit for hopium?

    2. Damn bro Nike is 100% a better pick & up the turn around company & balance sheet wise. It also dividends.

      Consider diversifying your portfolio if you decide to sell.

    3. It’s hard to see a good turn around story here, there are more competitors than ever and their clothes are so expensive too.

    4. I’m in as well. Down about 15% on shares but it’s a small position so just gonna wait it out to see if the beckies resurge

    5. Wait for new CEO announcement. That might rebound them to 180-190 territory at which point I would gtfo. Clothing companies are horrible long term investments. Always at the whims of rising competition/changing trends.

    6. You bought a retail brand while the orange man was crippling the economy with tariffs? This one’s on you…

    7. No_Nefariousness5996 on

      I NEVER invest in fashion. It’s one of my rules. I don’t know the first thing about it and by the time my wife buys the “new* hot thing, the stock is parabolic.

    8. Dawg athleisure is out. All the girlies are dressing like CBK because of the stupid Hulu show. If they’re going to Pilates they’re buying cheap Chinese Alo sets. Lulu invented the segment but their niche is already competed away. Bad idea

    9. NotTakenGreatName on

      Buy some of their plants, one size smaller than you need, walk around picking stuff up off the ground slowly at Home depot , you’ll make it all back bro.

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