Re: Re: Re: This is a fantastic company so I gave you a 2 rating. CHWY better than AMZN.
9
I agree with Winbrun about the risk of Amazon as a competitor, particularly in pet prescriptions. A PetMed competitor (Allivet) said on a diligence call that there is a high rate of calls to customer... login to read the rest
Re: Re: Re: This is a fantastic company so I gave you a 2 rating. CHWY better than AMZN.
9
No dog in this fight (pardon the pun) but it seems like a bit of a stretch to say CHWY is "one of the best companies in the market today," or better than AMZN for... login to read the rest
I certainly understand why no one wants a valuation short in this environment. It's hard to short anything when it feels like every other stock is disconnected from fundamentals.
On the other hand, how much more... login to read the rest
Re: Re: This is a fantastic company so I gave you a 2 rating. CHWY better than AMZN.
3
Have a close friend who works for Ralston Purina in pet food. Works on ecommerce business partnerships with Amazon and Chewy. Anectode so take with grain of salt, but from a knowledgeable person---Chewy is very... login to read the rest
Re: Re: Re: You realize you are pitching a short on a market leader that has one of the best macro t
7
Adding to the long-term thesis: Near-term, I remain convinced momentum money pouring in will run over the shorts since they believe this is great business with solid tailwinds. For instance, CHWY is up 3-4+% already today while... login to read the rest
Re: Re: You realize you are pitching a short on a market leader that has one of the best macro tailw
6
Maybe. But consider this: CHWY sends their customers flowers, makes them portraits (creating 50K of them in 2018), remembers their customers' pets' bdays, calls the vet for them, has hours-long convos with their customers, etc.
You realize you are pitching a short on a market leader that has one of the best macro tailwinds?
I repeat = this may be one of the best companies in the market today. Unless you can make a case for business deterioration, then this is shorting on valuation, which is a gambler's fallacy.
Re: Re: This is a fantastic company so I gave you a 2 rating. CHWY better than AMZN.
3
It is CHWY taking share from AMZN.
"Chewy is the online market leader with 41% of the market ( just food and supplies), followed by Amazon holding 36%."
Your quote above implies CHWY went from 0% to 41% (more than AMZN) in... login to read the rest
Re: This is a fantastic company so I gave you a 2 rating. CHWY better than AMZN.
1
"On any given day, customer service calls can last 2+hrs. This company has built a relationship with each of its customers. People LOVE Chewy. Listen to how Cramer idolizes his dog potraits whenever he talks/addresses CHWY. Comparing CHWY... login to read the rest
This is a fantastic company so I gave you a 2 rating. CHWY better than AMZN.
This is a fantastic company. IMO, CHWY may be one of the best companies in the market. Period. Yes, it is overvalued, but this is an amazing business (shorting on valuation is a gambler's fallacy). On... login to read the rest
Are you sure you want to close this position CHEWY INC?
By closing position, I’m notifying VIC Members that at today’s market price, I no longer am recommending this position.
Flag CHEWY INC for Removal
Are you sure you want to Flag this idea CHEWY INC for removal?
Flagging an idea indicates that the idea does not meet the standards of the club and you believe it should be removed from the site. Once a threshold has been reached the idea will be removed.
You Cannot Submit Message ... Yet
You currently do not have message posting privilages, there are
1 way you can get the privilage.
You can apply for full membership by submitting an investment idea of your own. Or if you are in reactivation status, you need to reactivate your full membership.