I slowly exited $HIMS after the last time it crossed $60
I exited completely two months ago
My reasoning (happy to discuss):
• Core business slowdown • Reliance on GLP-1 • Threat from oral GLP-1 • Mid-to-Low barriers to entry • Weak consumer data • High costs related to European expansion • Lack of insider buying, even at these prices • Gross margin compression
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I slowly exited $HIMS after the last time it crossed $60
I exited completely two months ago
My reasoning (happy to discuss):
• Core business slowdown
• Reliance on GLP-1
• Threat from oral GLP-1
• Mid-to-Low barriers to entry
• Weak consumer data
• High costs related to European expansion
• Lack of insider buying, even at these prices
• Gross margin compression