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EgideSimba
Feb 20, 2024 7:50 PM

Fiverr: King of the Gig Economy  Long

Fiverr International Ltd.NYSE

Description

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NYSE:FVRR if you have ran a small business or are a part of the gig economy you know this company

The company's platform offers a wide range of services, from graphic design to digital marketing, etc. As the gig economy continues to expand, Fiverr's market position will become increasingly important, driving growth and revenue. Criminally undervalued at this price

Has been bouncing off that $26.50 price and believe its due for an upside. Tomorrow's earning could be the catalysts it needs 🎯

Comment

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NYSE:FVRR had a drop back to the $21 support after earnings which was disappointing but I believe this is temporary and remain bullish in the long term and could see $44 by mid year.
Comments
ogdabber
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Criminally undervalued? More like criminally stealing from those trying to make a living in the Gig economy! They charge buyers 5.5% and they take 20% from sellers ON EVERY. SINGLE. TRANSACTION. For what?? Seriously, WHY?? It's easier for sellers to promote their services DIRECTLY, and FOR FREE, on social medias, or via paid ads. Imagine if eBay took 25.5% total cut from every transaction -- and, usually, people are not selling services (a.k.a. blood, sweat, and tears), but rather re-selling products... TRANSACTION FEES ARE OBSOLETE, and I would go so far as to suggest even IMMORAL. #FuckFiverr Go buy GME and let this piece of shit go under like Blockbuster -- and I LIKED Blockbuster. If they want to survive, they will need to drop those fees, and until they are practically negligible... and how will that support their shareholders? And if they raise their fees, then they can hopefully say goodbye to any seller who knows their worth. And they have NO CUSTOMER SERVICE... which may not matter in some cases, but it sure as fuck is disappointing when they don't really offer much else besides a place for money to be held in escrow... Wait for a Solana-like blockchain-backed Gig platform to flush out this disgusting, fraudulent organization.
ogdabber
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OH! Don't forget that this platform for "Doers" also enjoy milking their sellers for an extra ~$30 per month with their "Seller Plus" program.... incredibly basic analytics which are not even helpful with actually growing your business... you get to see the top keyword search results, and you get assigned a mentor who is basically just an entry-level customer support rep who likely has no experience in the respective field. Criminally undervalued? ha. ha.
EgideSimba
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@ogdabber, I am sorry to hear you had a bad experience with the company my friend and I sympathize with you. I personally have had a good experience overall, with some hit and misses on the service. Best of luck!
NoFOMO_
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This aged like milk
EgideSimba
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@DeathstrokeTerminator, Patience my friend...great cheese takes time
NoFOMO_
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@EgideSimba lol nice one
EgideSimba
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@DeathstrokeTerminator, XD been waiting to use that one. Glad you found it amusing Lol
NoFOMO_
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Haha yes it was a good reply. Fiverr is a good long term hold. I personally prefer Upwork. Best of luck!
EgideSimba
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@DeathstrokeTerminator, I hear you, that is also a good pick. Cheers & best of wishes to you!
oztsalik1
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You're right
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