Missed the POET memo, yolo’d 10k into bros options.
My DD: never been to Dutch bros, don’t plan to, but white girls love them so calls (experts refer to this as the AEO effect).
stock was much high, now much low. Stock go up 20%+ every earnings last 4 earnings. Stock more than doubled between pre Q3 and post Q4 earnings last year, my calls cover this timescale.
Don’t expect the same hype from the same period last year, but I think this pumpkin spice season thing might be real.
Cons:
high PE ratio ~100.
I’d regard (and I’m somewhat an expert on regardation) BROS as fairly reasonably priced considering expansion and growth potential. It’s only operating in half of the country right now and with same-store growth, meanwhile SBUX is closing stores.
Not written with ChatGPT
I’m too regarded to use ChatGPT or even format this nicely, I have no rebuttal
Discretionary consumer product
if gey bers win and get a recession we are fuc. Please hold the recession til day after my expiry
