Exiting positions in IREN and HIMS; muting both stocks.
Company (HIMS) acquired PR firm, signaling desperation and poor capital allocation
Time to move on, I added $IREN $HIMS to my mute list. Honestly after I saw they acquire the PR company, nothing more is needed to be said. https://t.co/D7vcMUAE2G
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +2.7% | +1.6% |
| 1 week | +6.3% | +4.0% |
| 1 month | +58.1% | +56.3% |
| 3 months | — | — |
| 6 months | — | — |