RE:RE:Undervalued?donkeyfeathers wrote: I think you are assuming the valuations going into the Covid crisis we're correct (the market knows best). Why diss the market now? Until we get some indication that there is some "all's stable" news coming out of the fed (probably well within your two year window) I think we can count on Shop being in a fight for fewer $$. They've also decided to try and make themselves a one stop shop, which is fine, but also confrontational to those who already occupy that space. Both of these factors make the risk on for this stock, different than a year ago. Is it over sold? I tend to think not. At the same time, the reality for the revenue generation piece of this maybe does hang in the balance until Dec. 2022 when we'll all have a better sense of whether the sky fell this year.
DF
Agreed
SHOP through its acquisition of Deliverr is planning to have a fight with AMZN. They may win but they are taking on the heavyweight champion and there is a lot of risk in doing this. As well, I am not convinced that buying Deliverr for 2.5 billion was a good of use of their money and I suspect the market as whole shares that view or at least it is going to discount the SP until it becomes clear one way or the other.