Thoughts on WISH
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Posted Jul 23, 2021, 3:11 PM UTC
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Wish is a great company , invested , investor , looking forward to the future growth for wish . Anything below $15 share price is a winner at this point .
Currently below $10 is a bargain price . Again , great fundamentals, next Q2 is 8/11/21. It will be great to discover growth of the company .
My Recommendation would be to buy hold and wait . Simple investor strategy really .
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1760 shares of WISH at 10.77. Let me tell you…they have been growing revenue consistently and aggressively. They may laugh at their product quality, but it’s not that bad once you buy some stuff from them. $15 end of August would be amazing!
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If only their spending wasn't so damn high. Once they get local stations going, they'll skyrocket.
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I think that’ll be their next focus with the new CFO. The name is established, it’s just tidying that balance sheet now
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They're a good buy and hold right now. They'll probably hit $15 early next year, is my piss poor guess
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WISH has huge upside potential, I am excited to see what the future brings.
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The only way from here is UP!
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I believe $WISH is a $100 stock.. that’s only 60B market cap
EDIT: valued at 14B at IPO… safe to say you can most likely expect to double or triple your money from here… but please…. Get yourself some SHARES!! The weeklies most likely won’t do the trick at this point… we gotta play the patience game to but these Wall Street hedgies back on their knees!!! HOLD THE LINE!!!!!!💎✋
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I am in on it $11C for Aug 20 🚀🚀🚀🚀🚀 to the moon
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WISH it wasn't trash
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What makes it trash tho?
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Until they can overcome their profit margin, their business model doesn't really have that great of a moat around it. You could spend a few millions $$ and build a mobile based website and get sellers to sell things at a lower rake vs. WISH. I don't think there is a strong brand loyalty associated with the sellers.
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The products they sell? And i mean the real actual products that have been purchased and arrived. It is low quality trash
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If it was that bad, the platform itself would’ve died out. You have to remember: I don’t care about their service, I care about their financials
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I hate it that you're right. And you are
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I bought shares at 12.17, I'm keeping an eye out at least until Christmas to see what happens to it
Already used to seeing red anyway
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If you want to gamble and got a few K to throw around why not play the earnings coming up. Personally, I don't think they've overcome the margin problem, but it is a gamble after all.
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Depends? IV crush is still a real thing so I don’t think I would go quick expiring options into it
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Probably, it really depends on how much the stock would move. Anything above 10%-15% movement should easily negate the IV drain post earnings. But then again, the question is which direction that the stock is going to move and how much.
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Wish is a great stock, if I don't have enough cash to buy 100 amc shares and sell calls on them I put the remainder in wish and sell calls on that.
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👀👀👀👀 Here for comments
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You’ll Wish you hadn’t bought it
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I simply dont understand why you should invest in WISH when also could invest in amazon for example. Amazon grows faster, is profitable and will be around for the next two decades minimum. So why this huge gamble?
Amazon is just an example, could be any bigger growth company. Also wish is a company seen very negative by most of the people (because they only sell cheap china trash)
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Amazon is $3500 for one share…
Beyond that, everyone expects Amazon to grow slowly. That’s a good stable play for very long term growth on say a retirement plan. WISH play is definitely more risk for higher potential gains in the short term
The service itself doesn’t matter (as long as it’s not 100% flawed like moviepass). Financials matter
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I got sucked into all the hype, bought some calls, went from 14 to 11... I said I would think about taking a flyer on it again once it got under $10. But now that its there, I suspect $8 something is in its near future...
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$8 + $10 = $18 | I see what you did there! 😎
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$8 seems like a possibility given the natural volatility of the stock (just 1-2 days ago it was at $10). But this post is more for the general long term average price range (at least in my opinion)
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In truth, I think if u had an 18 month time horizon with this stock, u could probably do well getting in here in the low 9s. I wouldn't expect much for 6-9 months... but, however, total speculation, if it goes to the low 8s, might be able to make 20% rather quickly from there... not financial advice!
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SNAP sales at 2.8B and a market cap of 101B…WISH sales at 2.9B and a market cap of 6.8B. You tell me which one is overvalued and undervalued.
They not ready to hear the truth!!!! Bro wish with 100b market cap is $200 a share … smooth brain don’t understand 😂
BRUH. If it goes there then my family and I will be out of the mud 😭🙏🏼
I’ll pray for you brother! 💎✋🦍🚀🚀🚀
Wish market cap is more like 4.3 now