$BIRD: If not now, then when?You don't have to look at the ALLBIRDS price chart for long to determine that NOW might be a good time to buy. Longby SkinnyMike33
Allbird BIRDI purchased huge chunks of this, paper trading over about a six-month period, dollar cost averaging, and just bought a little more while it was basing. As you can see from the circles, the RSI and MACD are one their way up, and this stock has broken up from its basing. For the longest time, as it dropped and dropped, I thought I would actually see it delisted, which would allow me to see what happens when such an event occurs; i.e., the type of notice an investor would receive, would it disappear completely over the following months, etc. I’ve been paper trading for about six months and do a great deal of swing trading based on JBravo, with considerable success. (All kids should be taught how to paper trade. It has just as much suspense and excitement as the shoot-em-up apps they play now.) How I purchased originally was I was sucked into an Analyst’s long hold forecasted profits for this stock way back when. The education is amazing. Originally I believe it was forecast to have a 26% + return, and as the months and the earnings reports went on, the forecasted increase in stock price fell and fell and fell. It is now at 15. Today it has popped out of its basing, but as was apparent a few weeks ago, it has done it before, only to fall. I will be sticking with swing trading as the analysts do not have crystal balls, and the predictability of reading charts is much easier and more reliable. There is an earnings call within about a week, and it will be interesting to see if this dumps into the dungeon of delisting or rises like a phoenix from the ashes. by Robinwilliams0
BIRD has some volume actionBIRD has some volume coming in. Candlestick hasn't formed any Alpha candle yet, just observing right nowLongby findalphas0
Why is Allbirds stock down 70% since its IPO?Allbirds (NASDAQ: BIRD), the New Zealand footwear company, was listed on the Nasdaq in November 2021 at a starting price of US $21.21 and found a range between US $20 and $30 for one month. Its mission to create the world's first carbon-neutral shoe brand appealed to investors, perhaps those of the ESG persuasion, who have pushed a record US $650 billion of funds into ESG project in 2021. As noted by the Financial Post, Allbirds mentioned the word "sustainability" 112 times in its IPO filing. Starting December 2021, up to the time of writing, BIRD stock has plummeted to US $5.99, and its market cap has reduced to US $4 billion from US $900 million. While the company has been performing admirably, as per its quarterly report released on February 23, BIRD's stock price has flown south for the winter, as it's caught up in the same winddown experienced by many other of its growth stock brethren. Over the past few months, investors have generally turned against growth stocks ever since it became apparent that the US Federal Reserve would be hiking interest rates to combat the countries inflation that is famously at a 40-year high. Allbirds is firmly in the category of a growth stock and a unique growth stock at that, as its typically eco-conscious customers return less frequently to the Allbirds checkout aisle. This means its growth strategy and attempt to build brand awareness has to be particularly aggressive. As such, Allbirds is ploughing its cash flow and cash reserves into gaining more customers, opening brick-and-mortar stores, and expanding its apparel range. The company is projecting revenue of US $360 million in the 2022 financial year, a big lift in revenue over 2021, but still expects to make a loss of approximately US $11 million. Interestingly, it should be noted that about US $8 million of this shortfall is attributed to compliance costs associated with becoming a public company. Even though Allbirds may bootstrap its growth expenses with its cash flow and reserves, it does have US $40 million available under a revolving credit agreement. The cost of borrowing capital moving forward, should it need to meet its aggressive growth strategy, may become increasingly costly in line with the US Federal Reserve's interest rate hikes.Editors' picksby BlackBull_Markets1313154
$BIRD – SI 45%Allbirds, Inc. manufactures and sells footwear and apparel products for men and women. It offers shoes, such as running shoes, everyday sneakers, high-tops, slip-ons, boat shoes, flats, weather repellent shoes, and sandals. The company's apparel products include activewear, tops, bottoms, dresses, sweaters, underwear, and socks. It sells its products through its retail stores in the United States and internationally, as well as online. Allbirds, Inc. was formerly known as Bozz, Inc. The company was incorporated in 2015 and is based in San Francisco, California.Longby BADQOMOCAWGOWLD2
$BIRD is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea The share price is rising and gonna continue this trend today. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price today. So I opened a long position from $23,85; stop-loss — $20,04; take-profit — $35,28/MOC price. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas.Longby KozakHlib115