Post by
frankthetank007 on May 19, 2022 12:41pm
SHOP still way over valued
The fundamentals never made sense with this stock at 1500 or really even at 400. We will get a big bounce soon but that will be just so people can sell as this thing is going towards double digits in the future. Unless they have some magical profits to show up which i doubt it when people aren't shopping online as much and they've stop buying consumer discretionary's because all the money goes to driving, food and shelter. I laughed last year when RBC had a 1800 dollar target on SHOP so they could sell their shares at ridiculous prices.