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Microcap & Penny Stocks : Qurate Retail
QVCGA 11.32-4.4%3:59 PM EDT
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From: Sean Collett3/29/2025 2:32:34 PM
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Area51
sixty2nds

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Have not made a post in a bit, but figure it was worth writing that I was wrong on this one. I think my original thesis on the debt buybacks was correct but I failed to pay attention to the customer declines and also trusted management too much and thus missed the balance sheet wasn't where the action was at but the income statement. They're just losing too many customers to make an investment worth it.

Now one needs to speculate that they change their business into some streaming giant, but in my opinion the moat is just gone. Anyone can setup a cell phone and live stream on Tiktok, Facebook, Reels, YouTube, or wherever else so the barrier for entry is very low and also doesn't come with billions of debt.

Equity currently isn't worth anything and market has priced it as such. I am thankful I trusted my gut and had sold and did not buy back in. Technical analysis may be ignored by some, but it gave me enough to know support was there and with the further fundamental declines it helped stop me from making a mistake.

-Sean
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