Jun. 20 at 3:12 AM
$SNBR yes, not the outcome I wanted/desired but I got out when it spiked 250% (sold it all around the peak for that day). Recouped a nice chunk (compared to what it was the day before), and Im all in on
$HAIN .
Which just so happens to be identical to sleep number in many ways, including the stock price. Hain has leftover equity of
$200M-
$300M for common shareholders (+
$2 share) once you subtract total assets/total liabialites.
I think its a good play (90M shares outstanding,
$46M cash, aggressively paying down debt, etc) their not in that position that sleep number was in (completely dependent on long-term funding).
Yall should check it out, for the people that took a hit on SNBR.
