[Past Post] My 2nd post on $GOED, a revisit 3 months later.

Currently, $POL is at $1.52

In light of the recent inflation figures, jobs data, and in my opinion, a slightly more optimistic economic view compared to 3 months ago, the fundamental business of Appliances Connections continues to flourish.

According to https://www.similarweb.com/website/appliancesconnection.com/#traffic, the traffic on the appliances connections website increased from 2.8M in may to 3.1M in July, showing no signs of slowing growth.

Q2 Earnings Call should be within weeks and the stock’s earnings run-up has begun and in my opinion, will continue. When earnings are announced we may see upwards of $2.0 to $2.2

For the past half year (and possibly more), this stock has been heavily distorted by low volume and large shorts (avg. 50–70% short). I believe this will change through the next earnings report where the YOY results will be consolidated between legacy Goedecker and Appliances Connections.

Furthermore, the new ticker has changed (POL) as addressed by the management in the last earnings call. The current website https://www.polished.com is slightly disappointing as it’s still in the ‘COMING SOON’ stage, nonetheless, with strong financials and upcoming catalyst (earnings report), I believe it can easily hit $2 and perhaps more depending on ER.