RH — 7 entries on this page, 0 of them a change of direction.
For example, RH was one of the hottest stocks a few years ago and now it is one of the coolest stocks in the last 5 years. The stock has lost about 80 percent of its value.
The other stock that will witness the strongest sharp upward rise is RH stock. Once oil officially reaches its peak and interest rates are fixed, oh my god, I think RH will see a rocket-like rise.
You'll see the stock rise from $120 to $200, won't you?
Next up here, uh, let's talk about a stock I spent $100,000 on today. I think I got a big opportunity here. I think I'm going to make a lot of money. Maybe I don't.
The stock I bought here today, RH. I bought RH in the public account for the first time ever. First time I bought RH in the public account, did a $50,000 one-off buy. Now, additionally, I bought another $50,000 today in a private portfolio.
So, if you add up the math on this, I bought $150,000 of RH in less than a week.
RH is another one I want to build out. Their balance sheets improved a lot. If I recall the latest quarter they had something around 125 million in cash. So that's getting in a much better place.
Uh this is one I look at contrarian buy. No one wants to own a stock like RH. The real estate industry has been trash for the last several years. Mortgage rates are skyhigh right now, right?
They're in the sevens. No one wants a stock like RH right now. The stock was $700 five years ago. It's 100 something today, right? So, this is one I want to really be a contrarian on and build out that position over the next several months.
RH got X'd out down 4% here today.
Okay, next up here, let's talk about stock I own that's making a huge move and uh what I'll do and where I'm going with that stock and am I going to sell, buy, all that good stuff and projections, all that, okay?
All righty, so, there's a video I put out one day and 22 hours ago. So, almost 48 hours ago, I put out this video. Looks like about 180,000 people have gotten to see it so far.
New stock I bought today. Right? And I talked about a lot in that video. I mean, a lot. I talked all about a lot more subjects and a lot of great subjects that are beyond just what stock I bought on that day, right?
But, this stock just came out with earnings. And the earnings were a C grade for this company. Keep in mind, the stock price has been destroyed on this company.
Next, let's talk about the new stock I bought today. Why I bought it, how much I will invest in it, and what my future plans are for this particular stock. This is RH. I posted this in my private group this morning, which shares I bought, right?
And I said, "Hello everyone, I've started investing in a new stock in my private portfolio, so I thought I'd let you know." This is RH, it's a bit risky to buy it a few days before the earnings report.
So the earnings report is coming in less than 48 hours, but I have only invested 25% of my comfortable investment in this stock.
All righty. So, look at that. This particular stock, oh my gosh, it's down almost 80% 80% in the past 5 years, right? Absolutely incredible. But, I'm a sucker for a destroyed stock and this stock has been absolutely decimated and I'm always a sucker for them, right?
Now, this particular company is headed in the right direction in regards to its cash balance. It's as of its last quarter they announced they had almost $54 million in cash on the balance sheet.
This has been something that had been worrying me about this company. The cash balance had gotten down to $30 million and I'm like, "Oof, for a company this size, not good." So, cash balance hasn't quite doubled, but it's getting close to there, right?
That's something that gives me some some interest.
