52 Week High
52 Week Low
7 Days Mentions
Whatever DFV initial purpose was for WSB I don’t know, BUT they did a great job after GME of exploiting the stocks WSB was following pumped them up over a month or so and slowly bled them all. GME, AMC, ROOT, WISH, Tilray, SDC, SPRT, IRNT. All met with -60% from ATH.
I’m gonna get ripped for this I’m sure but… Shopify vs Wish Revenue 2020: Shopify 3B vs Wish 2.5B Market Cap: Shopify 180B vs Wish 8B (price target $100 would be 62B) Aside WISH from selling “cheap dildos” - how could they possibly be this far off from eachother in terms of valuation?
Day after day BABA, PLTR, CLOV, WISH, SDC, anything Chinese really... Just drilled but I never bought puts. Don't know why. Probably because I see so much fucking spam here I probably thought *someone* is bullish
Switched back into some calls. Made good money on T puts, made dinner money off WISH puts, was dumb with my VXX calls but overall solid day. Time to ride this back to green tomorrow then maybe back to puts for Friday depending. GL fellas.
I have 1,000 $WISH $3 call options expiring next week. I literally paid 3 cents each for them. New CEO is supposed to be announced no later than Tuesday. Maybe even something like a stock sale since it's taking so long. Idk any good news and I could be rich. Worth the tiny risk as they were selling for literal pennies.
My hope is that all the services provided like this are just F’ing each other with the bots. Probably don’t know which are bots and which aren’t, except for the data purchasers that are actively using bots. But even then, there are probably multiple parties buying that data and independently running bot farms on Reddit. I wonder if they ignore certain tickers/usernames or if there are some people that think they can do this and then get caught up in something like WISH because it was on WSB 🤣
>As I understand it, they analyse to try and figure out what you shitheads are gonna do next, what the next meme stock is, and so on. You say that like the moves made on WSB end up with 200% overnight gains. Most of the time they dont (CLOV, WISH, PLTR looking at you). Also there are already websites out there that scrape all the data from WSB, collating popular tickers and trends over time etc.
So I was drunk last night and I spent like 30 minutes actually goofing around on the WISH website. I know it's like the shittiest ebay or amazon but I wasn't prepared for what I saw. The site is so aggressively bad I can't even explain it. It has no redeeming qualities whatsoever. I don't know why anyone would purchase something there ever. Sure it has a lot of cheap crap but you could buy cheap crap on better sites.
I $WISH. I was doing covered strangles on that piece of shit the last few months and I just kept getting assigned on the puts and accumulated a couple hundred shares at what are now very unfavorable prices. It finally stopped the strangles and just did covered calls but the premiums are so low at my cost basis strike that it's hardly worth it. It's like literally one dollar for 30 DTE at my strike. The second I go below my cost it will probably moon. But without some insane growth outside the government contract sector I think it could be years before this sees 27 again. No one really or knows or cares what DOD is doing with PLTR programs. It's just not sexy enough. They need some high profile deals or something.
Cash flow from ops was -$344M in Q3 2021. If WISH wants to cut their expenses, they will lose revenue. Their ad spending is directly tied to their revenue. You claimed they are in a "growing e-comerce sector" yet they will be losing revenue YOY...