Burned shorts racing to cover, toasted by other short sellers taking profit to be safe, will determine if the 7.80's can be broken.
Oh man, thats rough. Big sell off again, this is possibly the worst post IPO action I have seen in a while.
has had a couple up days so maybe it will continue? Jana Takes Stake in Blue Apron- https://www.wsj.com/articles/jana-takes-stake-in-blue-apron-1502740641?mod=yahoo_hs&yptr=yahoo
Guggenheim analyst: here's why Blue Apron is a "buy" - https://finance.yahoo.com/video/guggenheim-analyst-says-buy-blue-162000644.html
Blue Apron Gets a New CEO and a Much-Needed Strategy Shift https://finance.yahoo.com/news/blue-apron-gets-ceo-much-010800210.html Barclays sees Blue Apron rebounding more than 20%, looks like a 'stabilization point' - https://www.cnbc.com/2017/12/04/bar...line|story&par=yahoo&doc=104877403&yptr=yahoo
Might wanna keep on radar - has been moving up off bottom last couple & picking up 13G filings with Vanguard group today. https://www.sec.gov/Archives/edgar/data/1701114/000093247118002729/0000932471-18-002729-index.htm 2/2 news - Blue Apron shares rally after Walmart named 'logical buyer' of meal kit brand https://www.cnbc.com/2018/02/02/blu...line|story&par=yahoo&doc=104985507&yptr=yahoo
*2 Hours ago Kroger announced they are buying Home Chef* APRN breaking out of the longer term downtrend Recently named Tim Bensley CFO. He was CFO of PepsiCo for 29 years! Kevin O'Leary from Shark Tank, former investor in Plated (sold to Albertsons) recently called it an acquisition target ($4-5) After the close today, Kroger bought HomeChef for $200MM, could increase buyout price to $700MM if they hit numbers Blue Apron is much bigger and more well known than Home Chef Great short term catalyst, technicals look good. At support.
I like that breakout above both of your resistance lines. They should provide support now. Looks like it's gone some room to run up to the next resistance which will probably be the 200MA currently at $3.63.
Yeah good exit point T. Will sell above 3.5 Also another catalyst is @Chrissyteiganwill be joining as a branding partner 17.4mm followers on Instagram, checked the comments on her May 10 announcement post and everyone is tagging friends and saying they are “doing Blue Apron”, “now is the time to finally try blue apron”, “subscribing to a meal kit again”, etc. Her posts (starting in June) will create hype, pop up shops around major metros also start end of May (NYC May 29 through June). Buy now and happy selling through the developments in June before the Wall Street channel checks pan out : )
A 1 for 15 reverse split last month and a deal with Beyond Meat...the pigs are flying...and the real pigs are relieved too .
so....people can't look up recipes & actually go to the grocery store anymore, and prepare meals themselves?....
