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Forum - Wall Street Pit (RH - Restroration Hardware - RH)    Stock Due Diligence for All

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From: EPR53167 (Rep: 1225) reply to KidsCollegeFundDate: 06/11/2018 17:37
Forum: Wall Street Pit - Msg #2737724 - List RH msgs Thread #674014577 (Rec: 0)
Re: Pretty incredible a/h move but Ive got nearly $12 cushion for my calls so...

Listening to conf call - gotta say, it was a stellar quarter no doubt, but when the CEO says “it’s raining money” at RH, my antennas go way up. You know the sayings, so I don’t have to repeat them, but I do believe this is WAY overdone. We’ll have to see how the opening rotation goes tomorrow but I hope to buy some puts at the open if she’s anywhere near this area. If I take a hit on my nakeds, it’ll be only the third time in my life I’ve had to buy back calls without letting them expire worthless. We shall see!

Sent from my IPhone



EPR53167



Reply to KidsCollegeFund - Msg #2737723 - 06/11/2018 17:29

Re: Pretty incredible a/h move but Ive got nearly $12 cushion for my calls so not... I thought it was grossly overvalued at $75.
What would you like to do? Message: Endorse | Bookmark | Report AbuseUser EPR53167: Reward | Watch | IgnoreRH: Ignore

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