Thread by @JonahLupton

I will never buy anything ever again from @Wayfair

I've placed two orders with them over the past month and both situations have been complete disasters.

What an absolute shit company selling shit furniture.

Wish I had ordered from them sooner so I would have know how much the company sucks so I could have shorted the stock

hey @Wayfair -- this story gets even better, I just spoke with customer service and mentioned the box was missing pieces and holes were not drilled in the right spots so they told me to just dispose of the couch b/c it's such a piece of shit it's not even worth picking up

Hey @Wayfair — here’s the piece of shit you sold me for $900, If I had known the quality was this piss poor I would not have paid more than $200

I might still short $W because based on my feed it’s pretty clear most customers hate you and will never order from you again.

$W is the $WISH of the furniture industry 🤣

$W would probably be a great short under $222

$W is expected to earn $150M in 2022 with 10% revenue growth -- although I'd be surprised if they pull that off given all the customers they're pissed off over the past 18 months.

Based on the fundamentals $W is worth $80/share at the most ie 65% downside from here

$W should not be trading at 120x 2022 earnings with no revenue growth, declining EPS and horrible customer reviews.

This will likely be a $100 in the next year

Not to mention customers are waiting weeks and months just to have their shit products delivered

Anybody in boston want a couch?

cc/ @Wayfair said they don’t want them back because of COVID 😂

PS: these are not high quality couches but they’re free.