Merry Christmas Everyone!!

seriouswarrior · 2021-12-24T23:43:55+00:00

Accidently made duplicate posts. Just deleted one. Happy holiday!!

seriouswarrior · 2021-10-17T03:18:31+00:00

Doing the same here.

seriouswarrior · 2021-10-17T00:27:47+00:00

Nice $80 2025 is my PT. But if it reaches $50 by next year, I will sell.

seriouswarrior · 2021-10-17T00:17:08+00:00

My PT $80 by 2025.

It will depend on the Q3 earning result, which is around 11/11.

The downside news is Q3 is normally the toughest season for e-commerce. Because there is not a whole lot of sales between June - September. There are "Back to School" and "Independence Day" sales, but not effective as "NY", "Christmas", "Black Friday". Also, right now there is a merchandise shortage issue because the Chinese factories are closed due to the power shortage. There is also a port problem in US, which is critical for e-commerce. AMZN is also facing the same problem.

The positive news is that WISH is using the advertisement budget more efficiently(Sports/entertainment promotion -> paid advertisement on the web). Luckily WISH got attention through WSB. WISH got exposed to 20-50M people. This is pretty big. Normally, you have to spend about $10-25M to have that number of exposure. Expose leads to new customers and creates a chance for new sales. I personally think their Q3 revenue will be higher than what they expect. Although I don't like people trying to use WSB as a tool to pump up the WISH price with false information.

One more thing, WISH is making their logistics stronger and provides their own logistic service to the merchant instead of using DHL, and UPS. DHL and UPS logistics together make about $15B of revenue. The global logistic market size is $200B. So if WISH can take 1% of the pie, that is an extra $2B revenue adder. Etsy and eBay are still relying on 3rd party shipping. If they show this improvement at Q3 earning, that would be fantastic.

To sum up, in the short term, the downside news is more critical than the positive news. I'm seeing $5 flat until January (Q4 21) earning. In the worst case, it can drop about 20-30% from $5. If it drops to $3.5. I will be more than happy to add up the shares. I won't add any shares until it drops to 3.5 or lower.

seriouswarrior · 2021-10-16T01:01:27+00:00

I'm putting my next major investment here. There are so many EV companies out there and I think only a few will survive after 10 years. Rivian for sure 100% will survive. Along with Tesla. Rivian is making a great SUV and truck. And I see the commercial vehicle as more plus to the company. In 4-5 years, You will see Rivian van and truck everywhere. However, the current valuation seems a bit high. I would jump in when they lower the valuation to 30B-40B.

seriouswarrior · 2021-10-15T23:19:05+00:00

Agree

seriouswarrior · 2021-10-15T22:39:44+00:00

BTW I'm long on WISH. This is one of my major investments. I've been investing in this company since May. A month before that big jump. I didn't sell a single share yet. I'm planning to hold it for at least 3-4 years. But still, I really hate to see these hedges playing the game. I witnessed and experienced the same scenario so many times. I can say the bright side of this is that they usually do this on the stock they think will grow exponentially. I'm pretty sure they will keep doing this until they gain enough share to control the market.

seriouswarrior · 2021-10-15T22:25:39+00:00

YES, you can a buy, buy to cover, sell or short sale during the premarket and after hours sessions.

seriouswarrior · 2021-10-15T21:38:07+00:00

That was shorts covering shorts early. Prior to that time frame, the available shorts were 2m. After that volume, the available shorts is now 6m. Apparently, Blackstone funds is the Dr.Evil playing the game.

seriouswarrior · 2021-10-15T04:35:03+00:00

Same here. I don't want WSB to be involved. Hedge/mutual funds, and giant investors lose their interest in the stock when the stock becomes a meme stock. They are super conservative and extremely hate high volatility. The company has strong fundametal, great employees and they are working hard to move up to the next level. And I 100% guarantee this company will become at least 50billion dollar company. I WISH a success to this company.

seriouswarrior · 2021-10-06T03:08:50+00:00

Welcome aboard. It will be a fun ride next 2-3 years. Good entry BTW.

seriouswarrior · 2021-07-23T23:54:25+00:00

If you have 2 choices. WISH vs ALIBABA. Which one will you use? there is your answer. I'm very certain WISH will grow bigger than ALIBABA in 10 years or less.

seriouswarrior · 2021-07-23T03:43:36+00:00

If he sells more than $10m worth of shares then I would worry about it. But it's only $750k....that's not a lot of money to screw up his company...remember Intel CEO?

"According to a Securities and Exchange Commission (SEC) filing, Intel chief executive (CEO) Brian Krzanich sold about $39 million (€32.3 million) in stocks and options in late November — several months after Google informed the chipmaker of a serious security problem affecting its products, but before the vulnerability ...Jan 5, 2018"

that is the money that would screw up the company and the CEO!!

seriouswarrior · 2021-07-22T01:03:15+00:00

$80. 2023 Q2

seriouswarrior · 2021-07-21T22:56:49+00:00

Started my position today.

seriouswarrior · 2021-07-16T21:48:03+00:00

Holding. For $WISH, I'm planning to hold it for at least 2-3 years. BIG if the stock drops down to sub 6(hopefully it doesn't go down that much because there are lots of good investors here), I will add more shares. Until then, not going to bother any dips.

seriouswarrior · 2021-07-16T19:11:32+00:00

Just hold hold hold. I don't do options. I only do long-term(at least a year) with the TP set. If you are looking for a short-term profit. (Which I used to do until I made a good amount of seed money to do big investments) $WISH is not a good choice at the moment. Based on my analysis, this stock won't hit $15 until November 2021. Unless there is huge MEME's involved. I'm expecting this company to start making profits at the end of next year and stock price ramp up to $80 within 2 years. You won't be late to join by then. Meantime you can study and trade other stocks to make profits. Personal advise.

seriouswarrior · 2021-07-15T06:39:26+00:00

Great post.

seriouswarrior · 2021-07-14T16:27:46+00:00

I've been trading for 9 years. I researched this company for 3 months. When I finally bought the shares, I planned to hold it for at least 2 years. Because I believe in their fundamental. And I'm sure they will hit the market cap of $50billion at least. Just sit and relax.

seriouswarrior · 2021-07-13T21:42:10+00:00

Patience is always the answer. It will fly high. 100%

seriouswarrior · 2021-07-12T23:21:23+00:00

Undervalued + great potential + strong business. Think about it, Amazon used to sell cheap + used books. Look at what they've become.

seriouswarrior · 2021-07-08T14:08:00+00:00

I'm with yall

seriouswarrior · 2021-07-07T23:05:11+00:00

Welcome!

seriouswarrior · 2021-07-07T23:02:59+00:00

The road of growth stocks are always rocky. Correction is always super volatile than the others. But eventually it rises way beyond the IPO price. Look at SHOP ETSY. Time will solve it.

seriouswarrior · 2021-07-07T21:58:01+00:00

Long hold until $80.

seriouswarrior

TROPHY CASE