Polished.com Inc (POLCQ)

[MiamiGent]

GOED I am in and excited for our prospects!
But I caution newbees not to get too carried away, putting too many of their eggs in this one basket.
Company is fledgling and inconvenient things like further Offerings (dilution) can surprise.
I have a healthy sized position and use about 20% of that to trade.
Company has a good model of drop shipping but sharp online pricing may be hindered by manufacturers advertising rules (MAP- Minimum Advertised Price Policy). Also, company may need to spend inordinately on advertising in the early goings to build identity.
It's way below the 50MA on the Weekly and way below the 200MA on the Daily which I think bodes well.

Go GOED... but go sensibly. Employ the diversification rule we all know is right to do.

MG