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Blue Nile Inc. (NILE) - Pricey and Dangerous

Posted by zscheidt 1059 days ago, popular 1059 days ago (http://zachstocks.com)
Category: Stocks | Tags: blue nile consumer diamond nile short
Blue Nile has traded higher as a function of the current rally. But the company should continue to face challenges due to a weak consumer. The stock has an absurd multiple and will likely fall once the rally hype wears off.
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