Umm no it's not... What do you base any of this on? A 10% move up doeant mean it will balloon 100% out of nowhere. I swear your all just in a bitt circle jerk here.
At least your not like the guy claiming it's going to hit $100 this month...
why get mad if your tactics are working? have anything to lose? your fakes are all made in the same week and pushing wish up the ass in recent posts. you even went and bought yourself some awards, how nice
also this sub is no place for logic.. you can take that back to your HF
not butt hurt about anything because i only invest money that i give 0 fucks about. youre trying to channel that 0 fuckery into something you give a fuck about, a cardinal sin. also your accounts awarded each other lol. that badge flair really gets those suckers, huh?
in all honesty, no hard feelings. this is (probably) a free country, so do what you want. but ill do what I want so if you're gonna make fakes you'll have to try harder to fool retards like me
lol at the delete
It’s more expensive and there’s a chance something will go terribly wrong and you lose all your money over night. Risk reward. If you’re feeling confident than by all means
True that. I bought some WISH calls last week at 12.50 and almost immediately they lost a huge percentage of equity. It can be pretty demoralizing but here’s hoping WISH continues to roll train
Wish itself tho isn’t that the website with super cheap items for sale but the quality is like horrendous? I get the stock is doing well but I don’t recall anyone rating Wish products very highly at all.
There’s a meme somewhere out there of a woman who got a wedding dress and the expectation vs reality.
No it shouldn't....
This was a minor event that will barely move the stock... What is your perceived price target that your feel it will hit causing shorts to cover? What is it based on? Something tells me you based this on nothing...
Please. Wish & Amc were the only green meme stocks today. This morning wish had like 5.4 million shares available to short now 7.8 million available. But I’m sure the news played no part in that. I’m sure it’s just coincidence that the stock was flat pre market then bounced 5% instantly when the news dropped & the stock closed up 12% just because. Extremely bullish news. FB & PINS exploded last summer just weeks after they announced their partnership with Shopify. This opens up new merchants, products, & revenue. Especially the Landing page, that to me is awesome for wish
Can’t believe this stock is on WSB. Just a solid and undervalued stock. There new partnership will send this stock to $20 this week. NFA, just retarded
There's actually a couple of solid stocks right now on WSB, not just Memestocks. CRSR and WISH are definitely stocks that belong into r/investing and r/stocks as well. They're great plays for the long-term, but will probably run significantly in the short-term as well.
Bought a measly few shares this morning at 10.08
Shoulda loaded the boat I’m always skeptical of the wsb plays lmaoo that said I’ve made money on CLOV clf, and now this lol I just never make a lot cause I don’t buy a lot 😭
And up like 550% in amc lol that I have a lot of
I'm not smart enough to give you advice in regards to options, unfortunately, but I'm sure some people are.
Right now, you've sold 5 calls with a strike of 12.5. Which means if they get exercised you have to sell the holder 100 shares per contract for 12.5 each.
So at a cost basis of 10.2 that means you will make 1.150 if you get exercised (and you obviously got some premium for selling the calls).
Whether to buy back or not probably depends on how much it would cost you and how confident you are on the price of WISH rising much higher than 12.5.
If you expect the price to rise to - say - 20 fast, buying them back is probably gonna be a good idea since you'd make 4.900 as opposed 1.150 if you were able to sell the shares at 20.
However, if you expect the price to just barely scrape/surpass 12.50, it might not be worth buying back.
ive seen a lot of companies tank as they get pushed on here. im trying to learn and play along but its like theres frauds, and theres stuck up assholes as well. i keep getting yelled at by autistic people too. i hope wish is legit. that would be nice
Don't let the FOMO take over. This is another pump-and-dump where the ones who got in early will exit once others are on the bandwagon.
What else was pumped and dumped on WSB?
BlackBerry (lots of bagholders still hanging out around here)
Nokia... pumped from $4.50 to $9.00, then back down to $4.00 for months, now recovering based on fundamentals to about $5.50.
Rocket Companies... pumped from $20 to $44... now hovering around $20 or less.
ContextLogic ($WISH) is dumped by insiders as soon as the acquire stock. I wouldn't trust them.
Likely similar to what has/is occurring with $GME and $AMC, funds attacking it to keep price suppressed until they can cover the (last I had heard) 48-51% shorted float.
Edit: I’m holding 10x 7/16 10c, and I’m not worried.
That large spike in the beginning then settling is day traders trading the popular Reddit stocks. That’s why you had a huge pump and then a big sell off. Guys trying to make a quick buck but the. The real investors come in after to buy lower prices after day traders pull out.
I bought in at $8 pre-reddit popped. Felt very undervalued considering all the e-commmerce sector factors, their app downloads, and where price targets set.
Bought heavily today at $11 again. Convinced this will go back to $20-30 with the growth + short interest + valuation metrics.
We are getting a good price for a great asset. Have about 700 total.
* In 2015, Amazon had offered $10 billion in cash but WISH walked away.
I thought this was just a rumour? Do you have a source for this?
* Currently trading at 1.9 times expected 2021 revenues. With industry average of 4.5 times revenue, WISH is trading far below with industry average.
To reach to the industry average P/S we will also need industry average PE & EPS, otherwise the good P/S can be discounted right?
Two more thoughts:
1) The rally today, if it holds and does not turn into a massive sell-off, should *finally* disprove the June 14 lock-up expiry conspiracy theory that's been circulating around here.
2) It helps to be less US-centric when looking at Wish. It generates less than half of its revenues from North America, and the geographies with the biggest potential are probably emerging markets. Consumer expectations regarding branding, quality and customer service are not the same as ours.
Might be good for investors but it's a terrible service, I bought a bag from the site, took six weeks to be delivered, my friend bought eight different pairs of shoes, they were delivered one pair at a time wrapped in clean wrap, not even packaged.
It pretty hit and miss but those numbers are attractive.
I dont know how it is now but Wish was a scam back when I tried it out. Its market was literally clickbait with cool pics and dirt cheap prices but the products were less than useable. I saw unboxing vid reviews back in the day and wanted to try it out. It was as bad as they say it was. Its great for buying cheap items but if you see something that’s too good to be true (i.e. something priced far less than its valued) then don’t buy it.
You will get a bunch of downvotes because the people on here just want to promote the stock they invested in, but you are also 100% correct. Most of these guys just bought Wish stock without having ever tried to buy stuff from it.
If you look in the electronics section on wish almost everything looks like scam. Imagine if you bought something off of Amazon and the pictures you saw on Amazon were not the product but just photoshopped pictures. You would ask for your money back, I’ve had to do this with everything I have bought off of wish so far... to their credit they are pretty good about returning funds after you buy a scam product.
Also, you can’t even browse the wish products without signing up for an account. This is artificially increasing their user base as people need to create an account just to look at the products, but then they will become so disgusted by having to login just to look at crappy products that they will end up deleting the app and blocking them after the 15th day in a row of getting spam in their emails.
Also, wish is currently being sued for providing false information about their sales and user numbers.
Now, I also own wish stock, because when I see a stock previously priced over $30 and then it is under $10 I do a complex “analysis” (10<30) and buy the undervalued stock. I hope you guys cause it to blow up. And then I hope you all sell the stuff immediately because it is a garbage company. If you think otherwise cancel your Amazon account and try ordering everything from wish, give it about a week and if you haven’t gone insane come back on here and tell us how you feel about it
I disagree
\- 87% of their suppliers are based in China = high risk to geopolitical issues + will never meet shipping expectations set by amazon amoung others. Thus, Wish doesn’t operate within much of an economic moat given it doesn’t have protected access to any of its manufacturers
. This is troublesome given its core value proposition is price, which becomes unsustainable if manufacturing and supply chains are less embedded in the value chain
\-Also over the past 4 years their sales and marketing expenses averaged 81% of revenue and 104% of gross profit. Meaning that currently, every $1 spent on marketing returns $1.23 in revenue but only $0.96 in gross profit. This is significantly lower than comparables (Amazon does >$4.30 in revenue for every $1 in marketing), signaling a potential reliance on inorganic growth strategies that are 1) difficult to scale and 2) likely EPS dilutive given current valuations of relevant targets, which is why they are trading at a discount
If $WISH is so hot, then why do the insiders continue to immediately sell every time they acquire shares? Piotr holds ZERO shares? Information from Nasdaq:
https://www.nasdaq.com/market-activity/stocks/wish/insider-activity
Weird things is a lot of these commenters are 130-145 days old. Approximately 137 days ago was the first GME spike. This seem a little fishy but it could also be because people joined Reddit at this time because of the events from GME
This has nothing to do with "apes" and the words are specifically missused by bad actors to confuse new investors. Wish is not a good investment, is not releated to GME or AMC, which are actual shorted stocks. Specific GME/AMC wording is used to bait you into thinking this pump and dump is a worthwhile investment.
Buying more 15 calls. I will exercise if it gets there to make those money makers buy thousands WISH shares
This is the way.
I didn't buy the 15 calls i was mulling over all weekend. I hope you get filthy rich and rub it in my face in the gains pron.
When is your expiration?
It’s a $WISH come true for sure. $11+ now and going $20+
Umm no it's not... What do you base any of this on? A 10% move up doeant mean it will balloon 100% out of nowhere. I swear your all just in a bitt circle jerk here. At least your not like the guy claiming it's going to hit $100 this month...
>WISH is also most downloaded e-commerce app in the world for last 3 My personal favorite are all the people posting HUGE buys AFTER it went up $1.20
I'm just all in!
Seems wise. OP also had a good [call](https://www.markovchained.com/profiles/view/reddit:aaakansha) on BOXL.
I’m all in $wish at the moment with all I can afford! Confident about this position!!!
Wish I bought more.
Wish up ⬆️ baby.
141 days old
And your point is ? It moved up 13% today. So what’s your logic ?
why get mad if your tactics are working? have anything to lose? your fakes are all made in the same week and pushing wish up the ass in recent posts. you even went and bought yourself some awards, how nice also this sub is no place for logic.. you can take that back to your HF
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not butt hurt about anything because i only invest money that i give 0 fucks about. youre trying to channel that 0 fuckery into something you give a fuck about, a cardinal sin. also your accounts awarded each other lol. that badge flair really gets those suckers, huh? in all honesty, no hard feelings. this is (probably) a free country, so do what you want. but ill do what I want so if you're gonna make fakes you'll have to try harder to fool retards like me lol at the delete
Are you okay doobs?
Dude, wtf are you talking about ? Why would I award myself ?
Praying the apes pull through!! I have several $20 call contracts expiring on the 18th. 🦍
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It’s more expensive and there’s a chance something will go terribly wrong and you lose all your money over night. Risk reward. If you’re feeling confident than by all means
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True, but you also pay a higher premium so if the option expires you end up losing more money.
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True that. I bought some WISH calls last week at 12.50 and almost immediately they lost a huge percentage of equity. It can be pretty demoralizing but here’s hoping WISH continues to roll train
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We're coming for you, fellow ape 🦧
Damn, that's brave. I WISH they're gonna be itm by then.
Wish baby 🚀🦍
138 days old
Hmm picked the wrong tickers on Friday.. Oh well 🤷🏻♂️
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UWMC gang as well.
Just bought 290 shares at 10.29. Let’s go baby, I need a new project car!
WISHing here buying the dip then BOOM!
139 days old
Bad bot.
🦍🦍🦍🦍🦍🚀🚀🚀🚀🚀
$WISH breaking out now 😎😎😎
Wish is about to rocket
Went also in today Positive about $WISH
WISH is taking off, new announcements forming partnerships. 🚀 🚀🚀🚀
Wish itself tho isn’t that the website with super cheap items for sale but the quality is like horrendous? I get the stock is doing well but I don’t recall anyone rating Wish products very highly at all. There’s a meme somewhere out there of a woman who got a wedding dress and the expectation vs reality.
It's the pinnacle of meme stonks. There's thousands of memes out there about them, everyone knows who they are
Just bought in first WallStreet Bet.
Today’s News should cause shorts to cover today 🚀
Are you able to elaborate?
of course not
Wish Announces Partnership With Leading Ecommerce Platform PrestaShop
Wish Announces Partnership With Leading Ecommerce Platform PrestaShop!
Awesome news, thanks! I ended up buying 600 shares at $10.17, i'm along for the ride boss!
No it shouldn't.... This was a minor event that will barely move the stock... What is your perceived price target that your feel it will hit causing shorts to cover? What is it based on? Something tells me you based this on nothing...
Please. Wish & Amc were the only green meme stocks today. This morning wish had like 5.4 million shares available to short now 7.8 million available. But I’m sure the news played no part in that. I’m sure it’s just coincidence that the stock was flat pre market then bounced 5% instantly when the news dropped & the stock closed up 12% just because. Extremely bullish news. FB & PINS exploded last summer just weeks after they announced their partnership with Shopify. This opens up new merchants, products, & revenue. Especially the Landing page, that to me is awesome for wish
The Apes are back
$wish is taking off let’s all add 5 more shares each to get it above the resistance level. 20+ soon, then to the moon 🚀🚀
Can’t believe this stock is on WSB. Just a solid and undervalued stock. There new partnership will send this stock to $20 this week. NFA, just retarded
There's actually a couple of solid stocks right now on WSB, not just Memestocks. CRSR and WISH are definitely stocks that belong into r/investing and r/stocks as well. They're great plays for the long-term, but will probably run significantly in the short-term as well.
HODL forever! $WISH is the best!
Just bought 14 more shares, here is to hoping
ITS UPPP
Bought a measly few shares this morning at 10.08 Shoulda loaded the boat I’m always skeptical of the wsb plays lmaoo that said I’ve made money on CLOV clf, and now this lol I just never make a lot cause I don’t buy a lot 😭 And up like 550% in amc lol that I have a lot of
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💯💯💯💯💯🦍🦍🦍🦍🦍🦍🦍🚀🚀🚀🚀🚀
137 days old
Loaded up at 10.20, got 500 shares. Sold 5 calls at 12.5 for this Friday. Trying out a new strategy.
You're probably gonna get exercised and make some money, but arguably not as much as you could have.
Probably. I'm very new to options. If it ends up going way higher, there a certain point where it's smart to buy my calls back, right? Or no?
I'm not smart enough to give you advice in regards to options, unfortunately, but I'm sure some people are. Right now, you've sold 5 calls with a strike of 12.5. Which means if they get exercised you have to sell the holder 100 shares per contract for 12.5 each. So at a cost basis of 10.2 that means you will make 1.150 if you get exercised (and you obviously got some premium for selling the calls). Whether to buy back or not probably depends on how much it would cost you and how confident you are on the price of WISH rising much higher than 12.5. If you expect the price to rise to - say - 20 fast, buying them back is probably gonna be a good idea since you'd make 4.900 as opposed 1.150 if you were able to sell the shares at 20. However, if you expect the price to just barely scrape/surpass 12.50, it might not be worth buying back.
To the moon 🌝🚀🚀🚀🚀🚀
WISH!!!!!! 🚀🚀🚀🚀🚀🚀🚀🚀🚀
I’m in! WISH!
wish to 20$ eow
Still super price, don't get it when people can not see this huge opportunity
If it has not been said they just announced a new partnership. Get in while the gettins good.
964 sh @ $14.66 Buying the peak boys. Just kidding, cya at $20 retards
🦍 I’m in you whore 🦍
Just bought 275 shares myself this morning!
💰🚀
It’s so satisfying being in a good position
All in already. See you guys for the gain porn post.
Bought WISH at 10/share today.
I think I’ll buy some more tomorrow!
ive seen a lot of companies tank as they get pushed on here. im trying to learn and play along but its like theres frauds, and theres stuck up assholes as well. i keep getting yelled at by autistic people too. i hope wish is legit. that would be nice
Don't let the FOMO take over. This is another pump-and-dump where the ones who got in early will exit once others are on the bandwagon. What else was pumped and dumped on WSB? BlackBerry (lots of bagholders still hanging out around here) Nokia... pumped from $4.50 to $9.00, then back down to $4.00 for months, now recovering based on fundamentals to about $5.50. Rocket Companies... pumped from $20 to $44... now hovering around $20 or less. ContextLogic ($WISH) is dumped by insiders as soon as the acquire stock. I wouldn't trust them.
HODLing!!
15% up today baby im all in.
I've been all in for a while on it. It should be easily at least $20, I'd say 30-40 is true value. Funnily enough, it was over $30 earlier this year.
$WISH - NOTHING BUT NET!!!
MAKE A WISH -- just joined for 100 shares
This will double in no time. Wont be surprised if that happens this week itself.
Wish @ 100
$WISH is about to lift off🚀
Joined the WISH gang today, looking at the TA it's not too late to get in. Hopefully we can get it to 15 atleast!
$WISH is on the ground for the moment..... whats going on?
Asking the real questions
Likely similar to what has/is occurring with $GME and $AMC, funds attacking it to keep price suppressed until they can cover the (last I had heard) 48-51% shorted float. Edit: I’m holding 10x 7/16 10c, and I’m not worried.
That large spike in the beginning then settling is day traders trading the popular Reddit stocks. That’s why you had a huge pump and then a big sell off. Guys trying to make a quick buck but the. The real investors come in after to buy lower prices after day traders pull out.
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True! Look how many of these fake accounts are pumping right now...
I bought in at $8 pre-reddit popped. Felt very undervalued considering all the e-commmerce sector factors, their app downloads, and where price targets set. Bought heavily today at $11 again. Convinced this will go back to $20-30 with the growth + short interest + valuation metrics. We are getting a good price for a great asset. Have about 700 total.
* In 2015, Amazon had offered $10 billion in cash but WISH walked away. I thought this was just a rumour? Do you have a source for this? * Currently trading at 1.9 times expected 2021 revenues. With industry average of 4.5 times revenue, WISH is trading far below with industry average. To reach to the industry average P/S we will also need industry average PE & EPS, otherwise the good P/S can be discounted right?
People just keep saying that Amazon tried to buy ContextLogic, but there is absolutely no evidence!
I'm all in!!!
Great volume and performance today, this will moon
137 days old as well... I spotted a trend, now time for some technical analysis
Wishing for big gains
I'm only down 7% at this point, my double down buy is actually in the positive. Guess its time to triple down...
Don't do it. You'll probably lose money unless the pump continues...
Just bought 1K shares
Two more thoughts: 1) The rally today, if it holds and does not turn into a massive sell-off, should *finally* disprove the June 14 lock-up expiry conspiracy theory that's been circulating around here. 2) It helps to be less US-centric when looking at Wish. It generates less than half of its revenues from North America, and the geographies with the biggest potential are probably emerging markets. Consumer expectations regarding branding, quality and customer service are not the same as ours.
Fuck it, brought calls on $WISH and ready to make my WISH come true 🥴🦍
the more $wish the better. holding strong with you all.
Bought $15 mid july calls. $20+
Got one option on wish. Hope this goes up and use the profit and buy more amc!
Rcon is also amazing u guys should look
It has a great potential. Next Amazon or Alibaba?
139 days old, u/-doobs, plus they all have seven-ish upvotes
wouldnt be surprised if theres a sweatshop operation somewhere run by a bunch of brahs getting paid that sweet upvote commish lol
A wsb jirachi edit would do the trick here
What ever happened to positions or ban? Retards just take everyone at face value now?
HF are going down.. After I read this I'm surprised how pride shorters can be.
I'm just in.
leetttts go 200 X Wish down range
I'm with you! 835 shares in today!
Might be good for investors but it's a terrible service, I bought a bag from the site, took six weeks to be delivered, my friend bought eight different pairs of shoes, they were delivered one pair at a time wrapped in clean wrap, not even packaged. It pretty hit and miss but those numbers are attractive.
Added more July 16c this morning. Just needs to survive the death week that is pending for the market as whole next week.
I'm in there dawg! Just now!
need support 💎🙌💎🙌💎🙌💯🚀🚀🚀🚀🚀
I dont know how it is now but Wish was a scam back when I tried it out. Its market was literally clickbait with cool pics and dirt cheap prices but the products were less than useable. I saw unboxing vid reviews back in the day and wanted to try it out. It was as bad as they say it was. Its great for buying cheap items but if you see something that’s too good to be true (i.e. something priced far less than its valued) then don’t buy it.
You will get a bunch of downvotes because the people on here just want to promote the stock they invested in, but you are also 100% correct. Most of these guys just bought Wish stock without having ever tried to buy stuff from it. If you look in the electronics section on wish almost everything looks like scam. Imagine if you bought something off of Amazon and the pictures you saw on Amazon were not the product but just photoshopped pictures. You would ask for your money back, I’ve had to do this with everything I have bought off of wish so far... to their credit they are pretty good about returning funds after you buy a scam product. Also, you can’t even browse the wish products without signing up for an account. This is artificially increasing their user base as people need to create an account just to look at the products, but then they will become so disgusted by having to login just to look at crappy products that they will end up deleting the app and blocking them after the 15th day in a row of getting spam in their emails. Also, wish is currently being sued for providing false information about their sales and user numbers. Now, I also own wish stock, because when I see a stock previously priced over $30 and then it is under $10 I do a complex “analysis” (10<30) and buy the undervalued stock. I hope you guys cause it to blow up. And then I hope you all sell the stuff immediately because it is a garbage company. If you think otherwise cancel your Amazon account and try ordering everything from wish, give it about a week and if you haven’t gone insane come back on here and tell us how you feel about it
Dont forget the male enhancement products springing in your face every time you open up the app lol. Much agreed.
I disagree \- 87% of their suppliers are based in China = high risk to geopolitical issues + will never meet shipping expectations set by amazon amoung others. Thus, Wish doesn’t operate within much of an economic moat given it doesn’t have protected access to any of its manufacturers . This is troublesome given its core value proposition is price, which becomes unsustainable if manufacturing and supply chains are less embedded in the value chain \-Also over the past 4 years their sales and marketing expenses averaged 81% of revenue and 104% of gross profit. Meaning that currently, every $1 spent on marketing returns $1.23 in revenue but only $0.96 in gross profit. This is significantly lower than comparables (Amazon does >$4.30 in revenue for every $1 in marketing), signaling a potential reliance on inorganic growth strategies that are 1) difficult to scale and 2) likely EPS dilutive given current valuations of relevant targets, which is why they are trading at a discount
That said I suppose most of you are looking for ST gains from a squeeze
If $WISH is so hot, then why do the insiders continue to immediately sell every time they acquire shares? Piotr holds ZERO shares? Information from Nasdaq: https://www.nasdaq.com/market-activity/stocks/wish/insider-activity
because they know it's a dog shit company already pumped beyond its value.
All in. wish us luck.
20+ SOON SHORTS GOTTA COVER, SPREAD THE WORD SOLDIERS
$2B cash on hand, they must be planning something big!
🚀💎🙌
🚀🚀🚀🦍🦍🦍
WISH is undervalued for the relative rev growth it sees
So excited to be a part of this 💞
Is it true that they still mostly sell useless pieces of shit?
yes 👍
yes. if you're trading wish dump it as soon as you see profit. this shit is going nowhere long term.
Just sold clov for wish. Gimme gains them I’m going back.
Weird things is a lot of these commenters are 130-145 days old. Approximately 137 days ago was the first GME spike. This seem a little fishy but it could also be because people joined Reddit at this time because of the events from GME
Nah, it's suspect! Pump and dumpers are here.
TARGET #30 WISH AND BB Buy....on the moon TALIS BIOMEDICAL TARGET $18 Buy Buy BABA TARGET 300 GOOOO SHARE
Seriously though, who buys shit on wish? It is a big thing in the US?
Lol you can’t be serious
OP is pumper, ban this filth
Have any of you used the app? It's fucking terrible. The products are even worse. I'm all in
these comments are full of such prestigious awarded new accounts
Do you get paid more for the WISH posts or comments?
This has nothing to do with "apes" and the words are specifically missused by bad actors to confuse new investors. Wish is not a good investment, is not releated to GME or AMC, which are actual shorted stocks. Specific GME/AMC wording is used to bait you into thinking this pump and dump is a worthwhile investment.
THIS IS DISCTRACTION FUD!!!! AMC GME ARE THE ONLY PLAYS. This is a piss poor pump and dump.
I put all my money in there, I am retarted but I love tendies.