It's official, I'm up +50% on my #Zalando position... $ZAL $ZLNDEuropean retail is bouncing back with vigor...
Trading at 80.8% below our estimate of its fair value
Earnings are forecast to grow 28.45% per year
Earnings grew by 394% over the past year
My target is still around $30 30 euros...
However, after this 50% rise, I'm afraid the squeeze will run out of steam and shorts will take over again...
