SHOP - Shopify Inc.

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by Tiptopptrader, Nov 2, 2016.

Tags:
  1. Lonnie Ray

    Lonnie Ray Active Member

    Joined:
    Jun 27, 2016
    Messages:
    268
    Likes Received:
    39
    Another one that baffles me....$37B market cap with less the $1B in annual revenues.
    Pardon, they made just over $1B last year. So only trading at 37x revenues.....eyes rolling
     
    #41 Lonnie Ray, Jul 17, 2019
    Last edited: Jul 17, 2019
  2. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    new 52wk highs
     
  3. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    Big break out above $350 here
     
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,319
    Likes Received:
    3,375
    Bouncing from 50 sma with +60% volume today.
     
  5. Captbluffton

    Captbluffton New Member

    Joined:
    Feb 10, 2021
    Messages:
    1
    Likes Received:
    0
    I got into Shopify. SHOP 3 years ago because its a great company and market leader. Fast forward and I’m up 800% on $75k investment. Nice! ( about 9% of portfolio). Is it time to get out w PE ratio over 800?

    The company will be here in 5 years, but not sure about the price. How do you look at its valuation say compared to a PTON?
     
  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,319
    Likes Received:
    3,375
    Nah keep holding, it is safe.
    Currently $175 billion market cap, that's not too high.
     
  7. removedatuserrequest

    removedatuserrequest Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    998
    Likes Received:
    1,290
    lol is that site still around? :p

    i remember first stumbling across ihub back in 2004 i think it was. there was no other stock-related community at the time aside from the garbage yahoo boards i guess. until i had stumbled across hsm (our former community) in 2006. phew! and thank goodness for that. have not looked back since! man those were there days! :D
     
  8. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,524
    Likes Received:
    3,526
    Dang, when did this go over $1000?
     
  9. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,319
    Likes Received:
    3,375
    Remember when Citron said this was going to $100?
    +500% since then.
     
  10. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,447
    Likes Received:
    3,268
    Right here :p

    upload_2021-2-12_14-20-51.png
     
  11. Redpoint

    Redpoint New Member

    Joined:
    Feb 12, 2021
    Messages:
    11
    Likes Received:
    13
    SHOP is impossible to predict. Take out a chunk to recover your 75k (and even bit more to preserve the massive wealth you have here, especially if it will make a significant difference in your quality of life) and ride the rest!

    I've been holding a bit longer than you, but pulled my initial investment out long ago. Still holding 54% of my original position with no intent to sell.

    Funny story- I set a stink bid buy order on SHOP with very little research because I was disappointed that a similar low ball bid failed on Canopy Growth (back when pot was all the rage the first time). Then went on vacation and forgot about it. Came home and the order triggered and I was already up 20%!
     
  12. David Nwokeabia

    David Nwokeabia New Member

    Joined:
    Jul 24, 2019
    Messages:
    14
    Likes Received:
    4
    Im looking for SHOP to form a horizontal channel between 1550 and 1100.
     

Share This Page