My post was banned two days ago due to market manipulation. Which is just funny because I gathered the information in one place. Of course, it’s not market manipulation that before yesterday, the 198 million free shares had a short ratio of 98 million.
Therefore, I will now and only share the information gathered over the months so that everyone can see exactly why there is potential in WISH.
The post does not qualify as financial advice, I have nearly 25,000 shares with an average entry price of 8.20.
I will start with the disadvantages to complete the picture:
Unfortunately, there are counterfeit products that also use branding. In background conversations, I learned that WISH is spending a lot of money to make these companies disappear. The problem is that even if a Chinese supplier is banned, they register under a new name the next day and start selling the same garbage. A solution to this is expected by the end of the year, which will greatly increase fraud detection.
Controversial marketing cost
The fact that idiot products are coming up on Facebook was a conscious marketing decision in the past. The purpose of this was to list products that make you download the app because it’s so ridiculous or incredible. It was essential for growth, but it is no longer needed
The other is that the $ 30 million Lakers sponsorship is a clear waste of money, which makes me very angry. This money could have been spent much better.
Confirmed Wish, the lockup was already in May.
Short Volume Ratio
Wish fair value
Goal set by management
The future strength of Wish is Local, which works very well
Real growth potential
Disclosing Short Positions
Revenue Per Employee
Amazon wanted to buy Wish 5 years ago.
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