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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I know you liked this company in your last update.Since then the company has reported their first quarter results.The stock has been performing very well recently and has appeared to have broken out technically. Can you provide your latest thoughts on this company and has your opinion become more favorable to taking an initial position.
Thanks as always for your wonderful insights!
Read Answer Asked by Thomas on May 29, 2017
Q: Hi, The secondary has been priced @US$91. Following is the stated purpose:

"Shopify expects to use the net proceeds from the Offering to strengthen its balance sheet, providing flexibility to fund its growth strategies. Pending their use, Shopify intends to invest the net proceeds from the Offering in short-term, investment-grade, interest-bearing instruments or hold them as cash."

Any comments ? Thanks
Read Answer Asked by rajeev on May 19, 2017