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malvinspooner
May 8, 2020 3:25 PM

Sell SHOP - management must agree the valuation is crazy. Short

Shopify Inc.NYSE

Description

By issuing shares at these prices, shortly after reporting a good quarter, management must either see tough times ahead, or are just being greedy. Either way, diluting shareholders opportunistically is not a good sign. Expect more equity dilution from other tech darlings.
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