Shopify Subordinate Voting Ord Shs Class A SHOP

Something is wrong?

[hrgoyal]

Something is wrong. No adverse news. No  analysit downgrade. May be some short seller report coming and somebody got the idea.

Even when pandemic is over, buying habits of people don't change. Once u start buying online, u don't go back to stores suddenly

[VicesVertus2222]

No clue as to the reason for the drop.

[petrojell]

Its 3 fold.   1- Anticipation of 3-4 Interest rate increases, starting Mar 2022 2-US Fed has recently announced a Shrinking of the Balance sheet 3-Yes, there are Day traders having a feast. check out BNNBlommberg weekdays 5-7am quite informative. 

[Abruzz0]

Number 3 in particular: either you daytrade or hold for the medium run because fluctuation in tech is an inevitability. 

[petrojell]

Abruzz0 - (1/11/2022 11:08:19 AM) ..'Number 3 in particular: either you daytrade or hold for the medium run because fluctuation in tech is an inevitability.'.. =+=+=+= Nooo. I used to work with a Day T company 3yr. Seen what the Canadian D traders do. Understand the Canadian Day T companies also have clients, traders World Wide.  When Nasdaq starts trading, Day T in

[Aurum1983]

Only thing wrong is that it's overpriced. PE too high. Nothing wrong with the business outlook. Set your stop loss at $970 and buy back at $620 and you'll be fine.

[Zaphod]

It is only worth 600 but it will shoot right back up to 1500 and yoyo back and forth for a year it's got a PE of 35 compared to Tesla 300

[NPCexe]

Never buy a stock with high P/E just because another stock has a higher P/E