chyoli
2022-10-20

Hi

@littlesweetie：
$Shopify(SHOP)$ $26 a share seems terrible however this IPO'd 7 years ago at under $3 a share. That means even now it is more then 8 times the IPO in 7 years. This could easily keep going back down. Could see 20, even 15 or lower. this stock will not reverse until most of retail investors here stop buying the dip. Capitulation is needed for this kind of stock to form a bottom.
$Shopify(SHOP)$ $26 a share seems terrible however this IPO'd 7 years ago at under $3 a share. That means even now it is more then 8 times the IPO in 7 years. This could easily keep going back down. Could see 20, even 15 or lower. this stock will not reverse until most of retail investors here stop buying the dip. Capitulation is needed for this kind of stock to form a bottom.

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