JP is right. I know the facts and the history about Wish which is the only reason I can usually predict with decent accuracy where the stock is headed. Yesterday was proof nobody can predict exactly what Wish will do.
Who could’ve predicted a simple Super Bowl commercial that had zero to do with Wish itself could possibly send the stock soaring yesterday for no reason? However, I had no doubts about what would happen immediately following that surge. I knew Wish would come crashing down immediately because there was no meat on that bone. It was all pure hype.
I’ll say this again for the obteenth time, until Wish proves it can weather all of these massive headwinds it faces like maintaining enough cash to survive these storms and avoid a delisting from nasdaq while it searches for any kind of way to stop these $1 million per day losses and somehow show a profit for their first time ever, it’s just plain insanity to invest money in Wish.
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