I've noticed PRTY starting to trend on several financial forums, probably due to the anger and disappointment many have faced with BBBY. Looking into the financials, PRTY has a great P/E of around 2 and expected revenue over 2 billion this year and 2023. Market cap is currently 232 million.
It looks as if they are very undervalued and with Halloween around the corner plus pent up demand post covid to throw more parties for the youngsters that have been born in the last couple of years, I can see true valuation being around $5. If this were to short squeeze or whatever, at least the fundamentals justify it. What your your thoughts?
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