.15 will be awesome
Saint Delicious
Posts (117)
There are simple tools on the Internet. Type in website tracker. You can see the traffic for wish.com. In May 2021 the website and app traffic was 100 million users. And this has trending down significantly and currently October 2021 it’s at 50 million users. Not good. Just look at this for Coinbase. Did you see how the stock dropped yesterday? That is because the total number of users is way down.
Reduced traffic means reduced sales and revenue.
I’m not expecting earnings to be very good. I have a feeling the stock is going to drop two dollars.
Amazon’ s earnings report Was not good. Therefore I expect wish to be in the same boat. Your shares are going to drop by two bucks come November 11.
Go back and look at the prior earnings of Amazon. They did not do so well and wish followed suit. This resulted in wish stock drop three dollars.
Talk about FOMO Friday. Of course if there’s no news over the weekend, stock will walk itself back down
Now comes the crash
Let’s hope the market doesn’t start taking profits and the stock drops tomorrow. That’s been the typical pattern. If that does not happen, then a good sign
I bought a shit load. My average is way down. 800K shares @ .18 avg price/share.
This will obviously bounce back up. That’s the whole point of the drop. To make coin on the way up. All planned.
What a fire sale. I’m up to 720 K shares
Thank you boys for the sell off
