Off Topic - ShopifyI appreciate it when people here share what they are buying/holding and WHY they have taken those positions.
I bought some SHOP today. with my play money (the small percentage of my portfolio not in dividend paying growth stox).
The high P/E tech stox have gotten hammered recently and are down hard now for the 6th day in a row. I was going to sell WMT to buy more AMZN as AMZN is at the bottom of its range, but SHOP is down 35% since November. Their holiday sales were strong again (up 23% YoY) which haven't been reported yet in their quarterlies and the market has ignored the info.
I'm not a tech guy at all, but I think SHOP is here to stay and the smackdown of the share price just seems more emotional than fundamental.