$ContextLogic Inc.(WISH)$- rumoured to have rejected offer of $10b from Amazon 5 years ago. That’s equivalent to $16 per share at current levels (600m shares outstanding). From 2015 till now, sales and users have only grown exponentially. Do the maths and $WISH is easier worth more than >$16 for sure!!
$ContextLogic Inc.(WISH)$- sell down in early 2021 by insiders caused by internal process screw-up? Panic selling by investors upon seeing heavy insider sells. If the insider sells are due to mistakes, rather than lack of faith in company prospects. Then I would suppose current share price is a bargain [Happy] https://stocktwits.com/Rocketbuller/message/352411449
@RoyK:$ContextLogic Inc.(WISH)$- rumoured to have rejected offer of $10b from Amazon 5 years ago. That’s equivalent to $16 per share at current levels (600m shares outstanding). From 2015 till now, sales and users have only grown exponentially. Do the maths and $WISH is easier worth more than >$16 for sure!!