Brothers and sisters of the casino, $WOOF is trading around $2.40–$2.50 with a market cap of roughly $700M on ~$6B revenue. This is the definition of a beaten-down, debt-soaked, post-SPAC/post-pandemic meme special. From IPO highs near $30 it is down ~90%+. The stock is priced like the company is going to get eaten by chewy and amazon while the dogs watch. Perfect. The Thesis (maximum regard edition) Pet people are regarded. They will spend money on their fur children even when they themselves a
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