. As I mentioned before, this is why it’s possible for Jelly Roll Tour 2023 Poster Shirt to beat Q3 2021 guidance and still have their stocks go down the toilet. It’s no surprise that the companies which are more speculative (with no revenues and cash flow to back up their valuations) get destroyed first, and then the mid-caps, and then the more solid companies with the revenues and cash flow to back up their valuations (e.g. Tesla, Google, and Facebook)? In fact, the large and mega-cap companies (or “liquid leaders”) are typically where large hedge funds and financial institutions “hide and take shelter” when they notice that something is wrong and a bubble is inflating. And so, they slowly start to move from more speculative names to the “safer” and large-cap names.
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The first thing you need to do to prepare is contact all of your suppliers to learn their plans for the Las Vegas Feels Great Baby Shirt. It’s entirely possible they’ll list this important information on their websites or send it out in a blast email, but don’t rely on this. Take control of your store and get this important information yourself. Make a master document that contains all of your suppliers, when they’re planning on shutting down, for how long, and to what degree. You’ll find that some suppliers are only shutting down for a week and will still be contactable for questions. Others though may be closed for an entire month and truly shut down, meaning impossible to contact (though this is rare). It’s important to understand the holiday policies of all of your suppliers so that you can effectively manage your offerings and customer expectations during the weeks surrounding the holiday. When seeking this information, remember the likely communications delays you’ll face and make sure you start this process as early as possible. You want to give your suppliers ample time to get back to you.
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