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ka0

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ka0

Re: bionuthing post# 46

Saturday, 10/07/2017 9:38:17 PM

Saturday, October 07, 2017 9:38:17 PM

Post# of 135
You're incorrect. BZUN didn't miss earnings last quarter. Beat EPS by 0.01 (not by much but a beat nevertheless) and revenue by 0.35 M which is an increase of +24.9% year over year. Stock dropped after earnings primarily triggered by institutional selling and individuals locking gains, which allowed me to buy in cheaper at $28 :D The trailing P/E now is relatively high compared to industry average and will continue to be volatile, considering its a hyper growth small cap stock. Barring any major negative catalysts and future competition, this gatekeeper of China has a wide moat and will continue to grow. Long $BZUN

https://www.fool.com/investing/2017/08/21/why-the-bears-are-wrong-about-baozun-stock.aspx
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