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FIGS: Opportunistic Bid Grossly Undervalues A Recession Proof Business

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Individual Investor who is a generalist and asset class agnostic. Generally post Long / Short or event driven ideas on Seeking Alpha. Sector specialization in Industrials, Retail, Aerospace & Defense, and Airline / Travel stocks.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Previously owned a position in FIGS, which was closed the day the LBO interest by Story3 Capital was announced.

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