Hello my friends, there are some of the stock of of the new sharing economy that have lauched their IPO-s this year that are falling into the abyss. The question is why are they going downward ? is the sharing economy overvalued ?
The companies are financially good,and are dominating major sectors of the future economy. so why are they falling ? Well i think the big guys want to buy at a good level so in a way or the other the price for this stocks is going down. So we have to wait and enter when we have a confirmation that the big guys will enter long as well.
Feel free to comment, put a like and/or follow.
Best Regard from Z.
The companies are financially good,and are dominating major sectors of the future economy. so why are they falling ? Well i think the big guys want to buy at a good level so in a way or the other the price for this stocks is going down. So we have to wait and enter when we have a confirmation that the big guys will enter long as well.
Feel free to comment, put a like and/or follow.
Best Regard from Z.