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Bullboard - Stock Discussion Forum Mogo Inc MOGO


Primary Symbol: T.MOGO

Mogo Inc. is a Canada-based digital finance company. The Company provides simple digital solutions to help them in building wealth and achieve financial freedom. Its trade app, MogoTrade, offers lowest cost way to invest while making a positive impact with every investment. The Company also offers digital loans and mortgages. Through its wholly owned subsidiary, Carta Worldwide, the Company... see more

TSX:MOGO - Post Discussion

Mogo Inc > There's somethign seriously wrong here
View:
Post by zalmonella on Jan 26, 2022 2:46pm

There's somethign seriously wrong here

In good times, MOGO goes down.  IOn bad times MOGO goes down.  When good times come back for a day,  MOGO still goes down. It's not just crypto, it's not just on-oline trading, and it's not just borrowing.

If Royal or Scotiabank were doing this, there wouldb e profit centres already showing cash flow. But MOGO doesn't look like they're able to move the needle on their business at all.  And they freely admit it - they'r enot planning on any great increase in business in Q4 either.  It's like aa rise in BTC is their only way out.

What a mess.
Comment by Deuteronomy818 on Jan 29, 2022 6:31am
We follow Crypto that's all.  
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