FLWS has been around for two decades, and it's back to 2014 pricing at this point. At the height of the 2021 bull run it was at $30/sh yet now it's below $7. Half a milly market cap and a positive trailing twelve months EPS tells me it should be around $15/sh right now.
So why is she getting burned so badly? You could almost bet a 15-20% gain like clockwork on Valentine's Day and Mother's Day for years but they missed an over zealous earnings estimate 2Q ago and they've been spiraling ever since. Add to that someone has been trading 300k+ shares off and on every week over the past few months bringing the share price down hard.
It's not supply chain issues…so no one sends flowers or Harry&David any more? Consumer discretionary? It's got most of the components of a possible buyout or a legacy meme stock at this point, but no real volume. Either I'm a complete idiot and dont see why it's headed towards Toys R' Us status or I'm the only one to see that it's a great value stock right now since the CEO just bought 36k shares yesterday?
Am I early, or do “roses really smell like doo-doohoo”?
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