@vippy:Spruce Point is out with an "update" of their short report from last year, just repeating the same tired old arguments. C3's cash is declining. Well yes, C3 did an IPO to raise the money they needed to grow the business, and now they're growing it - opening sales offices around the world, and opening a product development center in Mexico. They're spending money now to grow the business in the future, that's why they did the IPO. They've said that their cash will not go below $700m, so there isn't any problem, but of course SP never mentions this. C3's sales to the Defense Dept are up 100% year over year, but of course SP never mentions this. Shell has said that C3 products have been a game changer for the company and that they're getting billions of dollars of economic benefit from the pr
@CYberviRus:$Shopify(SHOP)$ Shopify's President, Harley Finkelstein, shared his thoughts ahead of this year end busy shopping season. "Every minute or so, a new entrepreneur gets their first sale on Shopify," he told FOX Business. He also added that "We believe that Black Friday and Cyber Monday will still be one of the most anticipated events of the year." The chart shows that the price has been moving higher, bullish for now.
@Moonlight23:Fed has no choice but to raise rates due to high inflation rates. Any slowdown in the current rate of increase in interest rates might change sentiment, but does not change current macro conditions (ie. lower inflation rates)- in fact, it might even encourage more spending leading to feds needing to raise I/r even higher to tame inflation. would be prudent to be wary of any rallies and invest only what you can afford to lose, less the tide turns against your positions and you get caught between the rock and the hard place