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home / news releases / PSMT - PriceSmart: Yet Another Chance To Short


PSMT - PriceSmart: Yet Another Chance To Short


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A repeating cycle

PriceSmart (PSMT) has long been a stock that rises and falls with investor sentiment. Indeed, as you can see below, shares have traded essentially sideways for years at this point, only seeing movement to sharply rise and fall over and over again. I’ve been quite bearish on PriceSmart as it makes up moves given the valuation and lack of growth. Today, a few weeks ahead of another quarterly report, I believe, will sink the stock once more, so I’m as cautious as ever.

Another ho-hum report

The company’s

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Stock Information

Company Name: PriceSmart Inc.
Stock Symbol: PSMT
Market: NASDAQ
Website: pricesmart.com

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