SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Qurate Retail
QVCGA 11.84+5.4%Oct 30 3:59 PM EDT
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Harshu Vyas who wrote (18)5/14/2024 12:51:27 PM
From: Sean Collett1 Recommendation

Recommended By
sixty2nds

  Read Replies (1) of 83
 
I'm waiting for a decent reentry point to buy back in as I would agree this is a pretty steep overreaction. From a chart standpoint the setup is bearish so I am being patient.

I saw QVC has a new partnership with LEGO which I took as a positive. LEGO is a strong brand and to now have them as something they can sell is great. My hope is QVC can find additional partners like LEGO to help offset the areas that will for sure decline like home sales.

So I would agree the real risk is core QVC/HSN revenue keeps declining, but their customer counts are starting to finally look alive again.

Qurate has held off on spending as they focused heavily on the turnaround first, but their marketing has started to ramp up as Athens finishes and their CAPEX spend has started to be in pivoting them into digital. A good portion of their revenue is now coming from the digital space and I personally have used the QVC app to buy a few things.

Next few quarters will be critical to see if revenue stabilizes at QVC/HSN. Until then I personally am expecting the common (QRTEA) to decline further with $0.73/s being a critical zone that if they cross and hold there it could spell a return to the low of $0.40/s.

-Sean
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News