NLS - Nautilus: Still A Bad Investment

• Nautilus stock has been on a roller coaster ride since I first initiated my bearish position on the company back in 2017 with the company's share price tanking.
• But it then followed a sales and demand boost when the COVID-19 pandemic hit and share price went from low single digits to nearly $30.00 per share.
• But with little fundamentally changed, I expect the company to continue and see sales and net income declines over the next few years.
• Although I do not believe a short position is warranted, I remain bearish on the company's near and long-term prospects.

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