One of the easiest short sale opportunities that's come across my big board in a while has to be Papa Murphy's (NASDAQ:FRSH). Not a single financial statement the company detailed in its S-1 was attractive and frankly none of them even had the potential to contribute to a bullish leaning thesis when looked at closely.
Since initiating coverage in early May the stock is down 18.2%, currently trading at $9.28, and doesn't have technical support for another 8.5% lower at $8.50 - which is where I would argue the stock is headed before Q2 earnings. With plenty of negative catalysts across all durations, this continuing coverage article will make the argument that based on what should be slowing...
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