Hey guys, this is my first post on I hub so pretty excited about that. I am brand new to investing and especially the things everyone is talking about with scams, shorting, etc.
I have been following the board since I received the same email about HHWW as most on the board. I usually hit delete but found HHWW interesting because unlike some on the board, I have been known to spend $200 on jeans. Also, I missed the boat on TRLG as well and wanted to see what hhww is all about. I really appreciate all your DD as it is very helpful! (Both good and bad)
Here are my thoughts: (if anyone cares!)
First off, I am unsure on which side of the fence I am on. I can see both sides. The market cap is crazy but it also seems like a real company due to mine and your DD.
I have a friend that is a buyer at a large department store and she was telling me that even though these stores (mostly speaking about Saks) enter into agreements to carry a line, they sometimes fall through. The reason is because it is expensive for a line to manufacture enough products to supply to a big box store such as a Saks. (There are 58 Sak's Fifth Aves, so to supply all is crazy)(I understand they are only doing five for spring which is very smart). Yes, they have their products in about 30 or so stores throughout the world with approx 10-12 different products as of right now. The product is the price that it is because you don’t want to walk down the street and see someone else wearing the same thing; therefore each store does not carry a lot of the same piece. I would also venture to say that each product is bringing in about 30% - 60% margin for HHWW. No matter how you slice and dice it, that is a lot of scarves, t-shirts and throws to sell to get into the green on an income sheet. I am guessing, this is the reason for Zyndy? They need the money to produce enough product to supply their stores. My question, however, is if they are bringing in all these big names, are they working for free until the co is up and running and getting to that green? For 39+ years experience and the previous employers, I am imagining HHWW payroll is not cheap?
My heart is telling me to get some HHWW to sit on because I do think this is being manipulated by a 3rd party.
Here is my guess for HHWW: They will launch a spring line that they will place in the 5 or so Saks plus the boutiques they have listed (Browns is a bigger store but not a big box like a Saks Fifth Ave). The line will do very well and the buyers at Saks will want to add more stores throughout their 58 store chain. The Q2 financials will come out and the stock will hit $10-$17. At this point HHWW will still not have the cash to supply what Saks wants. This is when it will get interesting and someone will come knocking to buy out HHWW. HHWW will have a decision to make and at that point we all will too!!
Coachzwife, lmcat and fourkids_9pets, thank you very much for your DD and posts! It is a huge help and I/we (I am sure there are a bunch others) appreciate it!
Bonehead41, love your attitude and love that you are honest in how you are playing it! Very interesting! Have a few beers from HHWW for me!
Sorry so long! Can't wait to hear more!
AI
