HIMS is a ticking time bomb
Posted: Dec 26, 2024
- GLP1's have helped OP lose 60lbs in 18 months
- Discussion with doctor about drug shortages
- Compounding pharmacies likely to face difficulties soon
- Zepbound (trizeptide) removal from shortage list led to 15% drop in HIMS stock
- Semaglutide (in Wegovy) still on shortage list, crucial for HIMS stock
- Predicts HIMS stock will drop 50% or more when Semaglutide is no longer in shortage
What do people on Reddit think?
🚨 Reddit sentiment: mixed/positive - While there are concerns about a potential stock hit from the semaglutide shortage ending and short positions, there is also confidence in Hims' financial growth, product diversity, and customer satisfaction. Summarized comments: - Hims announced plans to sell a cheaper, generic version of a diabetes drug, liraglutide. - Company's revenue and profit are increasing, with products including semaglutide, sexual health, and hair loss treatments. - Concerns about a short thesis exist, but some still find the financial position reasonable. - There's speculation that the release of generic drugs could double the stock price by spring. - The company has responded multiple times to tirzepatide shortage news, with an expectation that the stock will drop when the semaglutide shortage ends. - Hims' core business is focused on erectile dysfunction and hair treatments, not heavily reliant on semaglutide. - Some users maintain that customers appreciate Hims' services for various needs, predicting success beyond 2025. - A user experienced significant losses when covering a short position. Stock tickers discussed: HIMS
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