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abh3vt

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abh3vt

Re: None

Wednesday, 08/07/2024 10:47:49 AM

Wednesday, August 07, 2024 10:47:49 AM

Post# of 118267
ODP (Office Depot) could be a candidate for a quick day trade (if you like to buy the panic). It reported disappointing numbers for Q2 and guided down for FY24. RSI levels are through the floor, stock is down 33%

Midpoint of guide ( 4.63/sh), and stock is now trading at 25.50, so <6x. Also trading at less than 5x EV / Ebitda.

More fuel for the consumer led recession/slowing economy theory.
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