$AFRM Earnings Review
$AFRM is up 20% AH and 40% today as they plan on being "profitable" in nine months.
$AFRM real margins continue to deteriorate. If the network effects were real, margins would be expanding. I might have to re-open my puts, but this is a crowded trade which scares me.
Also, how do you adjust your operating margins from -64% to +1% for the quarter?
Joshua Simka's avatar
How come you gave this the crypto tag @youngmoneycapital?
Young Money Capital's avatar
@tomato didn’t mean to lol. Not sure how that happened