Shopee stock drops 26% after missing revenue
#3

(17-08-2023, 06:19 PM)sgbuffett Wrote:  I don't think it is revenue or profits.
It is just that the stock remains overvalued and plunged to  more sane levels.

Previously it was held mostly by jnvestors chasing  hype stocks because it went up 12X.

Today it crashed to earth and becomes a "value stock" but as value stock its share price is too high.

true, just wait for cheaper px to enter.
wat px u think is fair value???
Reply


Messages In This Thread
Shopee stock drops 26% after missing revenue - by Everything Everywhere - 17-08-2023, 03:27 PM
RE: Shopee stock drops 26% after missing revenue - by sgbuffett - 17-08-2023, 06:19 PM
RE: Shopee stock drops 26% after missing revenue - by victortan - 17-08-2023, 06:42 PM

Forum Jump:


Users browsing this thread: 2 Guest(s)