Wish had a bad quarter like other e-commerce players in Q2 and the stock tanked on Friday (Amazon and Ebay both dipped on earnings as well). E-commerce slowing as people return to normality is to be expected. WISH YOY revenue growth as a whole has still increased the last 4 years running. This is a decent company with okay growth that sells low cost products to low cost consumers. WISH also have 1.6 billion in cash so they have enough time and resources to turn things around. At this price point WISH is undervalued at 4.7 billion. A couple of years ago Amazon offered them 10 billion for an acquisition, but Wish refused. The company is globally known, used and most downloaded ecommerce app. They are not competing with Amazon or Alibaba, but it is also not 2 trillion worth.

I see this as a great opportunity. Even my dad belives in this company (he is a bagholder at $14). Wish last earnings on May 12th, stock price went from $12.26 to $7.9 (-35%). Just 2 weeks later it gained 100%. I bought in at $7.35 now on Friday for about 11k USD worth of shares even though almost all of my money is tied into other stocks. I was also in GME before it squeezed and came out with about 200% return (was up 600% at one point but learned my lesson the hard way). Invest after doing ur own research though

brb taking 2nd mortgage out on house

Buy some Carnival stock

Just dumped 20k...now we wait

Is this financial advice

dasitmane. next couple of weeks are going to be excitingnot financial advice its life advice soyo

trimming rune armor for free

Basically its a online e-commerce platform that facilitates transactions between sellers and buyers. They have browsing technologies which personalise shopping visually for each customer, rather than relying on a search bar format. It allows sellers to list their products on Wish and sell directly to consumers. ********, Amazon and Alibaba all have tried to buy Wish in the last couple of years

Calls or Stock OP?

I have some YOLO money to throw in.

Wish is going down the toilet after earnings. Just visit their website to see why, would you ever order anything from a website like that?

I bought shares and that is what i would reccomendBe greedy when others are fearful. Everyone is panic selling Wish after bad earnings. It will rebound. Just like GME was, this is a solid company which is undervalued with a massive potential to grow in the future. Look at this detailed research doc that the Avory fund has put out if you guys figure out how to read...

https://docsend.com/view/r35zrpbdzftxbeb2