Despite beating sales numbers, FL has completely tanked. At the time of this post, FL is down almost 35% on news that sales would decline.
Well, here’s one stock I regret buying at 49. That ridiculously low P/E along with their outstanding financial numbers lured me in, and I banked on them making the right moves in case they lose Nike. At least for now, it’s not one of my better investments. Thankfully, I’m in with small size (10 shares only).
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