Stop Whining About RYU Fun facts about business…..
A brick & mortar store takes hundreds of thousands of dollars to launch, thousands to operate. Smart businesses know when to cut loses. Bad businesses hang on until bankruptcy.
People quit for better opportunities, especially in a retail environment that pays nothing. You should be worried if store level employees stick around at an apparel company as such employees are likely complacent in their own lives. Likewise it is common for executive or office employees to leave for opportunities that support self-betterment. Like many people on here, fears of uncertainty can lead risk adversed people to make decisions that make them feel secure and they move on for that reason. It’s not always because they don’t enjoy the company they work for or foresee the apocalypse as some would have you believe here.
Growing businesses explore many revenue channels. Smart businesses dump inventory that’s not moving or is out of season to free up cash. Bad businesses allow their cash to be tied up in inventory.
If you’re new to this dumpster fire complaint panel ….
FACT: You took a big risk investing in a start-up/rebrand. It can take years and sometimes decades for a company to reach mass acceptance in a competitive market. Most never do [ sad face ].
If RYU can continue to raise funding this is a good thing. Expect to sit on this stock for a decade. Half the people on here are making uneducated guesses & counterintuitive arguments. Don’t let losers and pumpers get the better of you….its already spent money, forget about it and hang on [or don’t, we’re not your mom].
[ Side Note - This is what investing in a company & rallying for its success looks like: ]
We spoke to RYU’s Investor Relations: They have a plan, are re-adjusting and taking the steps needed to become a sustainable business. The stock price is not a reflection of what’s happening in real life.