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Gpap90
Dec 27, 2021 8:49 AM

Wish OCD plan Long

ContextLogic Inc.NASDAQ

Description

Wish ocd charting, a dream come true... that's my last ch-art for 2021! Happy new year to everyone
Comments
FrancescoMerlettini
Hi Buddy! Thanks for sharing! I agree woth your vision and long term tp! Just a question: don’t you see similarities between this chart and the Nio chart before Nio exploded?? I do see lot of common points..
Gpap90
@BehindTheTrade, yes not only nio many stocks that did ipo and lost 50-70% during the first year. This one is a little bit more hammered down due to retail massively jumping in
FrancescoMerlettini
@Gpap90 I agree..on average it should take 2years to reach again ATH after IPO!
Gpap90
@BehindTheTrade, yes unless there is a buyout... it can be 2 years but as it is heavily discussed on social it can take 2 weeks as well this is a very heavily accumulated-manipulated stock
dcx666
Totally agree, I highly suspect a buyout more than 15b coming soon.
Midyanyy
@dchen666, have your read the sec filing from 23.12.21 about the resignation of Joe Lonsdale from the Board? There is definetly something in the making. If there will be a buyout, I think it will be in the range of 8-12bn, but 15bn buyout would be awsome.
dcx666
@Midyanyy Yes, Joe still hold 48mil share under his VC. This makes more sense when Joe knew about the buyout and he will be kicked out of the board after the buyout. Same thing for the resigned CFO Rajat, he still hold his 1 mil shares.
Midyanyy
@dchen666, do you have a source were you see the actual holding of Rajat? I've looked up several sources (simplywall.st, Morningstar, Nasdaq) but didn't find the actual holding of Rajat. Thanks in advance!
dcx666
@Midyanyy, try fintel.
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