Short five below via /r/wallstreetbets #stocks #wallstreetbets #investing

Short five below

Yeah regards, me again. Told you to short bbby but you didn’t listen. Anyways, I’m back with the next play. Now it’s time for five below to tank. We’re in a bear market and they are going to forecast shit guidance. The stonk is up as we speak. Eps estimate is already low so I wouldn’t be surprised if they beat that. Solely gambling on shitty guidance, and with a P/E ratio of 27.82, I think the company is significantly overvalued, especially in a bear market.

Position: will buy ITM puts at eod

Source: trust me bro

Godspeed regards

Submitted August 31, 2022 at 02:57PM by PerformerNo4354
via reddit