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Shopify Subordinate Voting Ord Shs Class A T.SHOP

Alternate Symbol(s):  SHOP

Technology Information Technology Services
Shopify Inc. (Shopify) is a Canada-based global commerce company. The Company provides essential Internet infrastructure for commerce, offering tools to start, grow, market and manage a retail business of any size. It provides platforms and services that are engineered and delivers a shopping experience for consumers online, in store and everywhere in between. Its software enables merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts, and marketplaces. The Company's Shopify platform provides merchants with a single view of their business across all of their sales channels and enables them to manage products and inventory, process orders and payments, fulfill and ship orders, build customer relationships, source products, leverage analytics and reporting, and access financing, all from one integrated back office. The Shopify's platform operates across 175 countries.


TSX:SHOP - Post by User

Shopify Subordinate Voting Ord Shs Class A > Tulip Mania... People paid upto 10x yearly wage for one bulb
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Post by RagingBull3on May 09, 2022 3:27pm
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Post# 34668105

Tulip Mania... People paid upto 10x yearly wage for one bulb

Tulip Mania... People paid upto 10x yearly wage for one bulbTulip mania - Wikipedia         

At Todays Minimum Wage, that would be about $200,000 for one Tulip Bulb.    Even if price of Tulip Bulb dropped from $200,000 to $100,000 or even $1,000..... I don't think I would be catching this Tulip falling knife.  

Some things just don't recover....

Without SOILD Fundamentals....... all you have left is HOPE that it will bounce back up... 

With that Said, SHOP I think does have some fundamentals, what question is, what price does the fundamentals support?    

I'm pretty sure everyone can agree, $2000/share for SHOP not based on fundamentals but more like "tulip mania"....

But most of the TECH sector priced this way..... And like I said, RULE#1, the market is always right.

So, what do you think the market has decided now about the TECH sector????

All just my opinion/view/thinking/guessing
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