Why I believe ETSY Inc. (ETSY) could make a move higher

Why I believe ETSY Inc. (ETSY) could make a move higher

Posted On April 3, 2019 1:39 pm

Wal-Mart (WMT) and Amazon (AMZN) has a left many sellers with a “you can’t live with them, can’t live without them” proposition.

Gaining distribution through the “big two gorillas” can propel a business to tremendous sales growth and success and may actually be companies survival.

But it comes as a cost as Amazon and Wal-Mart leverage this power by extracting hefty demands, from extremely low prices, quick turnaround times on fulfillment, and they force less favorable terms on sellers regarding invoice and reimbursement.

Now vendors and sellers are learning…

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About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.