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avatarksm
2021-07-07
$ContextLogic Inc.(WISH)$High institutional owned stock: 96%. Meaning institutions have high control of this stock over retail traders. Could also mean it’s where the smart money is.Last month’s lock-up expiration July 14 of 46mil shares price at $24. Wish ipo price is also at $24. For the near term i believe $20 is a possibility. Might consider safe play such as (short puts option strike price of $9 or $10) which i dont mind being assigned riding it to $18-$20 or a leap option with a target sell price $18-$20“the greatest problem Wish faces is a clear path to profitability. It spent $470 million in sales and marketing expenses in the first quarter, which is more than its entire gross profit and accounted for 61% of revenue. The company has run into
avatarksm
2021-02-25
Good one
BRIEF-Apple Reports Shareholder Proposal Entitled 'Shareholder Proxy Access Amendments' Was Not Approved
avatarksm
2021-02-25
Arkk’s investment, a win win situation
Palantir co-founder Stephen Cohen makes over $50 million from stock trades
avatarksm
2021-02-24
Ok
Charting a market divergence, Nasdaq violates the breakout point
avatarksm
2021-02-24
AppleIs the best
avatarksm
2021-02-24
Thanks
UPDATE 3-Suzuki Motor says 91-year-old chairman to retire
avatarksm
2021-02-24
Nice
UPDATE 3-Suzuki Motor says 91-year-old chairman to retire
avatarksm
2021-02-24
Ark ftw
Analysis: High-flying ARK ETF falters, sparks fear of ripple effect

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