CSPR (Casper mattress company)

CoachCB · Dec 10, 2020

Just want to throw this one out: CSPR

I've been buying and selling this roller coaster. It seems to be in an upward pattern lately. If it goes under $7.00 again I might load up and dump it after it goes on another upward trend (if it drops). It was roller coastering between $6.00 and $6.50 for weeks. I bought 1000 shares and sold it for a quick $1200. I think this goes over $8 soon.

PoundFoolish · Dec 10, 2020

good luck brother!

Bozzie · Dec 11, 2020

CoachCB said:
Just want to throw this one out: CSPR

I've been buying and selling this roller coaster. It seems to be in an upward pattern lately. If it goes under $7.00 again I might load up and dump it after it goes on another upward trend (if it drops). It was roller coastering between $6.00 and $6.50 for weeks. I bought 1000 shares and sold it for a quick $1200. I think this goes over $8 soon.[/QUOTE

Nice

Weird at home stock have shined..when do they report next?

Haystacks · Dec 11, 2020

Is the product any good ?

MattyMatt · Dec 11, 2020

Haystacks said:
Is the product any good ?

I personally thought it sucked and didn’t even keep it for a week, much less the whole trial period...

There are now a million of these bed in a box companies too. Not saying this stop won’t run, it probably will, just saying’...

CoachCB · Dec 11, 2020

I'm not advocating this as some sort of blue chip stock. My suggestion here is simple: make some quick money and get out.

They were an IPO this year and tanked. Now it's making a comeback. For me, if it falls below $7 again I'm going to buy 500-1000 shares (depending on the cash I have sitting in my brokerage) and let it ride up. I think it goes over $8 within a month or so.

CoachCB · Dec 11, 2020

Haystacks said:
Is the product any good ?

Like Matt said, it's one of those mattress-in-a-box companies. We bought one this year (my wife went through 4 of these, it was a pain in the ass) and we returned it (actually, they have you donate it to a charity). But obviously enough people like it since it went public.

MattyMatt · Dec 11, 2020

We tried Casper, Leesa, and Tuft & Needle, all were terrible.

I do really like the Purple, but they sell those in stores now...

CoachCB · Dec 11, 2020

MattyMatt said:
We tried Casper, Leesa, and Tuft & Needle, all were terrible.

I do really like the Purple, but they sell those in stores now...

We've finally settled on one. I'll have to ask the wife which one it was.

CoachCB · Dec 11, 2020

Down to $6.90 this morning. I'm diving back in.

PoundFoolish · Dec 11, 2020

MattyMatt said:
We tried Casper, Leesa, and Tuft & Needle, all were terrible.

I do really like the Purple, but they sell those in stores now...

really? I have heard great things about Tuft and Needle. I am considering Nectar for next mattress though, try that one?

CoachCB · Dec 11, 2020

SAATVA is the mattress my wife stuck with. We also tried Brooklyn bedding, it felt like a blow up mattress. Most of them were under $2000.

MattyMatt · Dec 11, 2020

PoundFoolish said:
really? I have heard great things about Tuft and Needle. I am considering Nectar for next mattress though, try that one?

nope, the other we tried (just asked the girl) was SAATVA. It was probably one of the worst bc it didn’t sleep even. They picked it up and donated it, too...

Maybe I was a little spoiled as I came from 7 years on a top of the line Tempur Pedic. It was free, so when it was time to replace, I wasn’t gonna cough up that type of coin. I will say the TP Cloud Supreme is awesome for what it cost compared to the higher models. Probably the best seller, and for a reason...

CoachCB · Dec 11, 2020

MattyMatt said:
nope, the other we tried (just asked the girl) was SAATVA. It was probably one of the worst bc it didn’t sleep even. They picked it up and donated it, too...

Maybe I was a little spoiled as I came from 7 years on a top of the line Tempur Pedic. It was free, so when it was time to replace, I wasn’t gonna cough up that type of coin. I will say the TP Cloud Supreme is awesome for what it cost compared to the higher models. Probably the best seller, and for a reason...

lol, we're sticking with the SAATVA. I was getting tired of having to replace them! We're moving next year, so we plan to use this in our guest bedroom and get a "real" mattress. My house is an old "Pentagon" house and I can't get a king size mattress into my room - unless it's in a box - the hallway is too small and I can't get it around the corner without bending it.

CoachCB · Dec 11, 2020

Down to $6.70, good buying opportunity.

CoachCB · Dec 14, 2020

$6.50 today, great time to jump in on this.

CoachCB · Dec 14, 2020

[h=1]3 Great Stocks Under $10 to Buy for 2021[/h][h=2]These stocks have low prices but high ceilings for the year ahead.[/h]
https://www.fool.com/investing/2020/12/14/3-great-stocks-under-10-to-buy-for-2021/

[h=2]Casper Sleep ($6.77)[/h]There have been a lot of hot IPOs in 2020, but if you bought into this consumer-direct mattress company you probably look like you've seen a ghost. Casper Sleep hit the market at $12 in February, but it's now trading for just a little more than half of its original IPO price tag.
The markdowns seem well earned at first. After seeing revenue climb 43% in 2018 and 23% last year the stock has been cut in half since its February debut. Contrasting Glu Mobile's growth accelerating through 2020, Casper Sleep followed up a 26% top-line gain in the first quarter with a 16% increase and then a 3% decrease in revenue in subsequent reports.
Thankfully the trend appears to be reversing itself in the current quarter. Casper Sleep's guidance calls for $132 million to $142 million in revenue, translating into single-digit consolidated growth and a double-digit increase in North America. We've been spending more time than usual in bed this year, and that's going to make replacing our mattresses a popular big-ticket purchase in 2021. It's a good time for Casper Sleep to finally give its investors a good night of sleep.

PoundFoolish · Dec 22, 2020

did not buy in, but moving up, good call

CoachCB · Dec 22, 2020

Yes, this finally popped today. I got in at $6.70 and sold today taking a $1300k profit (I'm up $2500+ fooling around with this now). I still think this runs over $8.

PoundFoolish · Dec 22, 2020

CoachCB said:
Yes, this finally popped today. I got in at $6.70 and sold today taking a $1300k profit (I'm up $2500+ fooling around with this now). I still think this runs over $8.

love fooling around and making $1300!

CSPR (Casper mattress company)

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