Bloomin' Brands, Inc.
Short
Updated

BLMN, Short

101
Reasons for short entry .

RSI 71.87 in overbought territory

Debt over equity is atrocious at 225.08 and quick ratio is 0.3 , they do not have enough cash on hand to meet short term or long term debt.

Price to book is 352.83

Trading above avg target price of 20.62

Short float is 15.98% and Short ratio is 5.6


Risks :

Earnings on Feb 25, creates uncertainty , try to exit prior if possible .

Recent large print transactions reported from bots on stock twits

EPS this year forcast +27.80% , eps next year forcast +261.2

Outstanding shares have decreased , an offering, at some point, would not surprise me seeing their quick ratio.
Trade closed: stop reached

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