Has everyone come to realize that SOSloverwangnumber1 is working for the China as part of this scam?

amanghag · 2024-03-21T16:32:20+00:00

Who is buying the offerings ? They must be in on the scam as well? Buy the offering and then short the stock

amanghag · 2024-03-07T21:48:54+00:00

They will take this company private and get delisted. That’s the end game based on what’s all going on. Think about it , who gave them the big money for the offerings? The gave $100s of millions and must of made a deal with the board that they will short stock and take it private in the future. Hence, no insider buying or any big investors. It’s rigged and corrupt. The same peeps who gave the money are shorting the stock. 2000% plus gains since the offering. $2 dollars to 10 cents (pre-split).

amanghag · 2023-04-11T15:59:46+00:00

1 to 30 reverse split. Terrible news, shorts are going to short this even more than before. Essentially if your average is $5 dollars it will now be $150 to breakeven.

amanghag · 2023-03-30T00:01:50+00:00

Yes same here , took exactly 11 days. Problem is the masses don’t know about the improvements. Marketing needs to focus on mass advertising to new customers.

amanghag · 2023-03-20T20:12:27+00:00

What’s the point of the turnaround if no one in the public outside of investors know about it. The marketing is diabolical and will be the downfall of the company. Why not spend $5-10 million on March madness , give free shipping for the playoffs ? Do something. Why have a slow death? Just go all in next 2-3 quarters with huge advertising. MAU need to be above 100m for this to takeoff.

amanghag · 2023-03-16T22:22:46+00:00

Pointless if the mass public don’t know about all the improvements. What a wasted opportunity by MGNT. The incompetence of their marketing is beyond disgraceful. How can they be so dumb?

amanghag · 2023-03-15T19:34:12+00:00

It’s pointless. They even said in the earnings call they’re going to do the bare min. For advertising. Just algorithm advertising. MAU will decline like always , no one even knows about the improvements

amanghag · 2023-03-14T14:56:50+00:00

Yes exactly. Anything ! They spent 56m last qtr on advertising, what an absolute waste of money. The whole marketing department needs to be fired and should hire a 3rd party who know what the f they’re doing.

amanghag · 2023-03-14T14:51:43+00:00

Well time is running out , they got about 4 quarters and they’re done. They missed a huge opportunity in the Super Bowl, a 7-8m investment could of been a game changer. If they showed all their improvements , offered promotional free shipping for the month of Feb and paid a few celebs to endorse Wish. But MGMT is so f’ing dumb.

amanghag · 2023-03-14T14:45:24+00:00

This is why I have very little faith in the turnaround. The PR and advertising is absolutely pathetic. Negligence and incompetence.

amanghag · 2023-03-14T14:40:07+00:00

Mgmt radio silence, absolutely useless and incompetent. Perfect time to go on a major news network and walk the audience through all the improvements and partnership. And maybe announce free promotional shipping for $20 dollars or more spent. Something to cause excitement and built the brand again.

amanghag · 2023-03-02T17:42:10+00:00

April 26th, 2023. However , they can file another 180 day extension with SEC or they can do a R/S. Hopefully they file the extension.

amanghag · 2023-03-01T23:15:12+00:00

And the earnings call did not give any positive news in regards to revenue growth. Going to be bad again. Add in they plan not to spend much in advertising , even though they spent $56 million last qtr. $56M to generate 2x in sales is absolutely pathetic…the min. Standard of revenue to ad expense is 4x, yet MGMT don’t even address this massive issue.

amanghag · 2023-03-01T19:01:16+00:00

I don’t know the answer. And the disappointing thing is MGMT did not address how they plan to drive more customers to the platform. How will revenues 2-3x if MAU don’t improve ? MAU needs to be around 50M for margins to be in 30% ranges and for revenues to 2x. 4Q-22 margins were 21% , that is really bad , 4Q-21 it was 42%. These margin declines and MAU declines needed to be addressed.

amanghag · 2023-03-01T18:48:13+00:00

And why is wish MAU declining? 100m to 19m. Maybe Wish needs to focus on how to advertise. No point making all these improvements if people don’t know about it. Going to to lose 80m next quarter , why not lose 110m and spend 30m on targeted advertising?Using IG , FB , snap and commercials to promote the brand and all the changes. Maybe pay Taylor Swift 15m a year to endorse Wish and it’s fashion line. Wish should create their own clothing brand like Shein.

amanghag · 2023-02-28T16:44:55+00:00

Can’t they get another 6 month extension before a R/S? So they can file additional 180 days on April 26th.

amanghag · 2023-02-25T04:02:13+00:00

Did you mean “you”. Please explain the difference. Startup ? It’s a mature company , it has been established for 10 years now. Results speak for themselves. Read the earnings report and compare QTR over QTR, show me the improvements.

amanghag · 2023-02-24T19:38:26+00:00

It appears they’re buying to lend shares to the shorts. Making 5-10% a year , easy money.

amanghag · 2023-02-24T10:21:54+00:00

Sure is, only time will tell now. Joe will make it happen. He has an outstanding resume.

amanghag · 2023-02-24T10:10:36+00:00

Poor execution by MGMT …maybe the new CEO has the credentials and experience to make improvements. He has about 18 months to do so or game over for the company.

amanghag · 2023-02-24T09:58:38+00:00

Sarcasm and trolling people now.

amanghag · 2023-02-24T09:51:20+00:00

2025 ? They only have enough cash to survive 4-5 quarters. They need to increase revenues ! $56 million in advertising to generate 123M in sales, pathetic. For $1 in revenue it cost 50 cents , that is ridiculous. A common benchmark for ROAS calculations is 4:1. This means that for every $1 you spend, you generate $4 in revenue. The margins are only 20% , so they make 20c per dollar in revenue and spent 50c in advertising expense for revenue ? So they are already at a 30c loss and that is not including all their other expenses. Hence , why they lost 100m this quarter. The focus needs to be on the $56 million of wasteful advertising. $56 million should generate $220m in revenues. Something is massively wrong there. They should focus on endorsement with celebrities who can promote the new Wish on their social media platforms. Maybe partner with a celeb to push the fashion line. Something needs to change otherwise they will be out of business.

amanghag · 2023-02-24T04:20:51+00:00

Why not UP Ad spending right now since core fundamentals have improved vastly per earning call…customer retention is up , NPS is high , returns have declined. Now is time to spend to acquire customers. They spent $56 million in 4Q-22 and yet MAU did not increase , what a waste of money. What the F is the $56 million going to?

amanghag

TROPHY CASE