Sleeping Beauty
Categories: Stocks
They sell sweaters. Amazing ones. Hand-knitted by old prisoners all around the world. They use the mane clippings from Shetland ponies to be woven into these amazing products, dyed in prison blues. And the sweaters sell for a grand each. And there's a waiting list 6 months long to buy them.
This company is loved by "everyone," but nobody knows who it is, in part because it's...sleepy. The CEO is an ex-con who doesn't market to the Wall Street she stole from 38 years ago. The company has no debt, $100 million in cash, and earns $20 million a year. Were it for sale, it'd have suitors from pretty much everywhere in the fashion industry. But it's quiet. Sleeping. Not marketing. Just...knitting.
With a note or two sewn into the fabric every now and then: "Get me tf out of here."
Related or Semi-related Video
Finance: What is Dead Cat Bounce?13 Views
Finance allah shmoop What is a dead cat bounce It
sounds like a dance move from the old west right
but it actually refers to a terrible situation when the
market plummets rebounds very slightly and then plummets again The
idea comes from the notion of dropping a cat off
of a high building It hits the cement dead bounces
a bit before then is a big wet thud Yeah
peeta no cats were harmed in the production of this
definition Thie market has fallen from five thousand twelve hundred
now it's at fourteen hundred and now it's back to
twelve hundred Yeah that uplift of two hundred points there
from twelve hundred fourteen hundred before it went back twelve
hundred which is the concrete that's the dead cat bounce
I'm not totally sure who came up with this term 00:00:50.247 --> [endTime] but wei have a pretty good idea