May. 16 at 9:59 PM
$SNBR Looking to re-enter short here. Been caught up in the market bounce, but fundamentals are deteriorating. No cash,
$900 million of debt, EBITDA down almost 50% YoY in the last quarter, negative Free Cash Flow this quarter. Decent product but the industry is trending towards Saatva. Limited upside (downside for short) if wrong, good risk reward here on the short side. I don't usually short at all but once in awhile you get good opportunities like this