Posted on February 13, 2023
It’s not our habit to pick fights with people we don’t know.
On the other hand, we do feel a duty to take down those of a more arrogant nature in this world—and those who support them.
In other words, we’ve got a wide cast of targets available.
The beauty industry is where today’s bombs are falling, and not just because it plays on people’s weakness and their need for a false sense of self-worth.
We also found one of their component stocks to be so ‘made up’ and caked-on with bullish fakery that we swore we couldn’t allow her to continue strumpet-like down the NYSE runway.
The company, as you’ve already discerned, is Coty, Inc. (NYSE:COTY) purveyors of scents and paints for the proper airbrushing of the human body.
The stock has seen massive gains in the last several months, but now it appears the rush to buy was completely cosmetic.
Consider the numbers—
Beyond that, the numbers were no more impressive than a drag queen has-been.
With kind regards,
Hugh L. O’Haynew