I think it's good that the news came today - it was only a matter of time. Now the management will have the opportunity to comment on the issue on Monday. So far, the management has been convinced that the long-term success of Hims & Hers is not dependent on the GLP-1s. I assume that this will be confirmed again. Personally, I am holding my position, buying and not selling.
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@thewolfofallstreetz and what would you do if you were not yet invested, now or after the figures?
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@Multibagger That depends on your strategy, portfolio structure and risk appetite. Personally, I think the risk/reward ratio is currently not as good as it was a few weeks/months ago. It had a strong run and is still valued at 12x P/S. As a long term investor I would wait for the call and the new guidance from management - after that you can still lay your cards on the table. If you are a trader, you can bet on one direction or the other in the short term.
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