Inari Medical Inc. (NARI) Social Stream

Inari Medical Inc. (NARI): $46.12

12.14 (-20.84%)

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Featured Post From StockTwits About NARI

$NARI As is mentioned often on the board - follow the numbers. I got into Nari based on great numbers and I got out once the numbers told a different story - before the major selloffs. The reason I sold was based on the same information you provided:

"They wouldn’t even give guidance for the June quarter that they were already in, although they were halfway through it in mid-May, and they gave full year guidance that was just a little over four times the March quarter’s revenue."

Capturing revenue QoQ and YoY based on historical/future data/guidance signaled a significant slowdown and the numbers no longer provided high confidence for a hypergrowth stock. So, although you mentioned the importance of having external data, to me, the data Nari provided told the "story" - perhaps I am oversimplifying but I do believe "follow the numbers" held true for signaling a sell for this stock and I wasn't going to base my decision on hope for what could be.
HowHardGerrard, published August 11, 2021

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