Stitch Fix (SFIX)

[ITMS]

Stitch Fix Inc $SFIX Becomes A Buy At This Level...

Shares of Stitch Fix Inc (SFIX) are collapsing over 30% today after earnings disappointed heavily. As the stock collapses, investors and traders are looking for the major buy level. The stock chart signals a major buy when price hits $26.50. This level is revealed by noting a major pivot point and the daily 200 moving average at the $26.50 level. The two factor trade gives swing traders a high percentage chance of success.





Gareth Soloway
InTheMoneyStocks

[ITMS]

Stich Fix SFIX Gets Ripped, Watch This Swing Trade Level

Stitch Fix Inc (NASDAQ:SFIX) is an online personalized styling service company that has been a major winner in 2018. The stock made a short term top a couple of days ago at $52.44 a share. Since that high pivot, the stock has tumbled by over $12.00 and is currently trading at $40.30 a share. The decline has occurred with higher than normal volume which indicates institutional selling. The daily chart would indicate major support for the stock around the $34.00 area. This important level is where the stock broke out of a sideways base in August and will likely be support when retested. Remember, past break-out levels will often serve as solid support levels when back-tested.




Nicholas Santiago
InTheMoneyStocks

[Tardis24]

Still amazed I got in at $16. 00

[Tardis24]

Its hit $30i win.

[Tardis24]

double since you doubted

[SgtJBone]

So am I

[Tardis24]

about time ! waiting for the 1.80s

[SgtJBone]

It's about time to reload for another WIN isn't it ;)

[Tardis24]

lol what did you move on to?

[TRUISM]

That's all?



Blessings to All

TRUTH

[Tardis24]

I dont care , made 20,000 flipping this :)

[Leslie Salt]

Let’s see what happens in six months.

GLTA

[stocktrademan]

SFIX buy 22.0301

















normal chart




log chart

[Tardis24]

Market knows the value here. since you posted 25% gain?

[Leslie Salt]

Looks like big losses in quarters ending in April and July of this year. Maybe they can get back on track.

[Tardis24]

profit

[Leslie Salt]

What is your reasoning for this to double in a year.

[Tardis24]

Sgt this is not a daily flipper its an investment, ipo.is for them to raise money, they didnt sell too much, they make a good profit per quarter. Money should double in a year or so. Long term. do some dd. water it and have some patience lol

[SgtJBone]

I guess I'm not going to mess with it again until they address the concerns of investors.

[Leslie Salt]

Maybe this will be another Blue Apron. Lot of hype, the next 6-12 months will see if this is a viable business.

[SgtJBone]

I'm starting to think everyone is just going to short this for the money. It's not performing like I was hoping for. Don't let it burn you.

[SgtJBone]

It looks like this was just a pop and flop. My wife shopped on Stitch Fix so I thought it would do a little better. I seen the win and wish I was still in, but it not worth crying over now.

[Tardis24]

in at 16.85

[Tardis24]

IN made thousands off win the past 4 months lol made a few this morning off it.

[TheFinalCD]

17.45

[SgtJBone]

I expected a little more.

[crudeoil24]

"Some potential investors said they are concerned that as a retailer, Stitch Fix could fall victim to the Amazon effect if the e-commerce giant decides to make a push into the wardrobe arena. A spokesman for Amazon.com Inc. didn't respond to a request for comment.

During Stitch Fix's roadshow, fund managers questioned the necessity of the company's more than 3,000 stylists, who, along with Stitch Fix's data science, help select customized outfits for clients, according to people present at the roadshow. One person familiar with the company's pitch said the number of stylists cast doubt on the effectiveness of Stitch Fix's data, something the company has touted as central to its business model."

Stitch Fix Shares Climb in Debut After Disappointing IPO
47 minutes ago - DJNF

By Corrie Driebusch and Maureen Farrell

[SgtJBone]

I wish they would have given an exact time it would start trading.

[SgtJBone]

People are already lined up on the bid

[TRUISM]

Stitch Fix’s Katrina Lake Is The Only Woman To Lead A Tech IPO This Year
BY RANI MOLLA@RANIMOLLA NOV 17, 2017, 6:00AM EST
Click For Article


Fewer than 8 percent of all U.S. IPOs this year were led by women.



Stitch Fix founder and CEO Katrina Lake Recode/Becca Farsace



In 2017, a woman-led IPO is still rare. In tech, it’s nearly nonexistent.

That makes Katrina Lake — the founder and CEO taking Stitch Fix public today — especially notable. Stitch Fix is an online retailer that provides personalized styling services.

Fewer than 8 percent of all U.S. public market debuts so far this year were led by women, up from about 7 percent last year, according to data from S&P Global Market Intelligence. As low as that is, it’s still markedly higher than most previous years.

Stitch Fix is so far the only tech IPO led by a woman this year. The other 11 IPOs led by women in 2017 are predominantly pharmaceutical companies.

The last tech IPO piloted by a woman was BlackLine in 2016, an enterprise software company founded and helmed by Therese Tucker.

From 2000 to 2015, an average of only 4.2 percent of U.S. IPOs were led by women, according to data from sociologist Martin Kenney and economist Donald Patton at the University of California, Davis.

ust 6.4 percent of CEOs at Fortune 500 companies are women. Gender inequality is particularly acute in tech, which suffers from a lack of female representation up the supply chain.





Blessings to All

TRUTH

[TRUISM]

Stitch Fix (Nasdaq: SFIX) To Ring The Nasdaq Stock Market Opening Bell In Celebration Of Its IPO
Posted by Carrie Brunner — November 17, 2017 in Sci/Tech
Click For Article





ADVISORY, Nov. 17, 2017 —
What:
Stitch Fix (Nasdaq:SFIX), the online personalized styling service that is reinventing the shopping experience using an innovative combination of data science and human judgment, will visit the Nasdaq MarketSite in Times Square in celebration of its initial public offering (IPO).In honor of the occasion, Katrina Lake, Founder & CEO will ring the Opening Bell. Where:
Nasdaq MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio When:
Friday, November 17, 2017 – 9:15 a.m. to 9:30 a.m. ET Stitch Fix Media Contact:
Suzy Sammons
[e-mail]
[e-mail] Nasdaq MarketSite Media Contact:
Emily Pan
[phone]
[e-mail] Feed Information:
Fiber Line (Encompass Waterfront): 4463Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
FEC 3/4
SR 13.235
DR 18.295411
MOD 4:2:0
DVBS QPSK Social Media:
For multimedia features such as exclusive content, photo postings, status updates and video of bell ceremonies, please visit our Facebook page:
http://www.facebook.com/NASDAQ.For photos from ceremonies and events, please visit our Instagram page:
http://instagram.com/nasdaq For livestream of ceremonies and events, please visit our YouTube page:
http://www.youtube.com/nasdaq/live For news tweets, please visit our Twitter page:
http://twitter.com/nasdaq For exciting viral content and ceremony photos, please visit our Tumblr page:
http://nasdaq.tumblr.com/ Webcast:
A live stream of the Nasdaq Opening Bell will be available at:
https://new.livestream.com/nasdaq/live or http://www.nasdaq.com/about/marketsitetowervideo.asx Photos:
To obtain a hi-resolution photograph of the Market Open, please go to http://business.nasdaq.com/discover/market-bell-ceremonies and click on the market open of your choice. About Stitch Fix
Stitch Fix is reinventing the shopping experience by delivering one-to-one personalization to our clients, through the combination of data science and human judgment. Stitch Fix was founded in 2011 by CEO and Founder, Katrina Lake, and employs more than 5,800 employees nationwide. Since our founding in 2011, we’ve helped millions of men and women discover and buy what they love through personalized shipments of apparel, shoes and accessories, hand-selected by Stitch Fix stylists and delivered to our client’s homes.



Blessings to All

TRUTH

[TRUISM]

Stitch Fix Set To Raise $120M From Downsized IPO
Posted 9 hours ago by Jon Russell
Click For Tech Crunch Article





There’s been plenty of appetite for Stitch Fix’s upcoming NASDAQ listing, but concern around disappointing listings from Snap and Blue Apron may explain why the fashion e-commerce company has opted to slim down its IPO tomorrow.

Stitch Fix stands to raise $120 million after it announced a lower than expected $15 share price and a reduced number of shares on offer.

That price comes in below the original guidance range of $18-$20 while the company is now selling eight million shares as opposed to 10 million. Stitch Fix could, however, raise as much as $18 million more if underwriters buy the full allotment of 1.2 million shares allocated to them.

The company will join the Nasdaq Friday November 17, where it will trade until “SFIX.”

All told, Stitch Fix will be valued around $1.2 billion when it makes its public debut. That’s a big leap on its last financing round in 2014 when it was worth $309.31 million, according to data from PitchBook, but it could have been higher based on those previous estimates.

TechCrunch reported in July that the company had filed confidentially to go public. Stitch Fix is part of a wave of try-before-you-buy startups like Le Tote, MM.LaFleur, as well as others. So, naturally, it’s an area that’s going to be competitive — the most obvious one being Amazon. The company is experimenting with its recent launch of Prime Wardrobe, and the company is well known for bulldozing into segments where it sees an opportunity.

The Stitch Fix business has progressed with promise. It has a run rate of close to $1 billion counting the year between July 30, 2016, and July 30, 2017, according to previous documents. Revenue growth has been impressive, and the company can boast positive net income, too.




Blessings to All

TRUTH

[TRUISM]

It's got my attention.




Blessings to All

TRUTH

[SgtJBone]

Let's see what this thing does once it hits the market. I'm hoping for a nice pop.