CLX: Clorox bleeding cash, structural short
I think this is a really good short setup. The company is bleeding cash, funding their huge dividend with debt, not complying with regulations regarding the usage of sustainable palm oil on their products and the technical chart shows an ideal entry against resistance here.
The entry is very tactical, a perfect technical setup, paired with bad fundamentals for this company, with only a 1% earnings yield, a 1.2% free cash flow yield, and falling free cash flow and after tax margins.
Good luck if taking it.
Ivan Labrie.
The entry is very tactical, a perfect technical setup, paired with bad fundamentals for this company, with only a 1% earnings yield, a 1.2% free cash flow yield, and falling free cash flow and after tax margins.
Good luck if taking it.
Ivan Labrie.
Bình luận:
80 cent profit from the entry already.
Bình luận:
Hold! You can move stops to entry if you want.
Bình luận:
Great.
Giao dịch được đóng thủ công:
Out for now.
Bình luận:
(@ 124.31)
Giao dịch đang hoạt động:
I reentered, but didn't get to update:
Bình luận:
Hold and add.
Bình luận:
Giao dịch được đóng thủ công
Giao dịch đang hoạt động:
Reshorted at 115.96
