Q: I would like to express my gratitude for your advice regarding not selling Aritzia stock before earnings. At the time, I was primarily concerned with safeguarding my gains. You wisely emphasized that quarterly results should not be the sole factor in determining buy and sell decisions. Now, I fully appreciate the correctness of your advice. I held onto my position and refrained from purchasing a protective put. Recent news indicates that Aritzia is aggressively expanding its presence in the US, signaling further growth. As a result, I am still enjoying a remarkable 100% gain on this stock. Thank you once again!
5i Research Answer:
Thank you; we are glad it worked. It does show the benefit of longer term positions. ATZ had an inventory issue which hurt the stock. It took close to two years for it to clear it up, but now the company is poised again for faster growth.