Why did w (wayfair) move up six times from 21 to 126

Discussion in 'Stocks' started by zdreg, Apr 27, 2020.

  1. zdreg

    zdreg

    Is the move overdone?
     
  2. S2007S

    S2007S

    I still don't understand how anyone can think wayfair out of all.places is the place to buy items for your house office etc. Everything is completely marked up and then shown as 30-40-75% off. Those "original" prices were never "original" to begin with. And they have plenty of other site that they own that compete against their products, most products are from third parties that you can find elsewhere off of wayfair. They have a great marketing ploy that dumb foolish consumers fall for.
     
    thyrus, Cuddles and wrbtrader like this.
  3. S2007S

    S2007S


    Its only up because people quarantined at home were making new office space for their at home work environment. Earnings should be spectacular but this is just another company that reminds me of overstock
     
  4. noddyboy

    noddyboy

    Did you try it? You can order a big bed and it comes in one day. That is amazing.
     
  5. S2007S

    S2007S


    All big beds come in one day now. All of the sudden mattresses come in one day ever since those foldable mattresses started to gain attention. And let me tell you the mattress sector is completely saturated!!
     
    wrbtrader likes this.
  6. zdreg

    zdreg

    Have you checked their latest offerings and arrived at the same conclusion?
     
  7. S2007S

    S2007S


    What that 80% off sale they were running?

    Trust me I follow sales and prices every single day whether for a box of cereal or pair of jeans. Wayfair plays a pricing game. All retailers do but wayfair definitely plays it.
     
    thyrus likes this.
  8. zdreg

    zdreg

    we are taking about merchandise. This is capitalism we are talking about not communism What doesn't sell is marked down till it sells. Do they have a new line of merchandise that fills an unfilled need?
     
  9. S2007S

    S2007S



    I'll show you some examples in a bit. We know that retailers sell products at discount when it doesnt sell or when the product line is through but have you ever seen a product on wayfair sell for MSRP??? The answer is absolutely NOT
     
  10. jys78

    jys78

    The market is now more optimistic about the company's future earnings than it was in the past.
     
    #10     Apr 27, 2020