Down, down, down. I realize this was (is) overvalued and a growth play and there is sector rotation out of growth stocks. Where might you expect this to bottom out at?
Q: Hi Gang, thanks to 5i I have a nice problem as I got into the above at 60$ CDN (200 shares) but are now very overweight in my portfolio and was thinking of selling 50 shares but have no clue what’s the real valuation of the company is and where it’s going from here, do you have any insight to what the next earnings will bring us in October. Thanks Anthony
Q: Trump is threatening to pull out of an international postal treaty.
Apparently, many US shippers use Shopify, and an increase in fees could be damaging. Not sure if this is Trump flag-waving again. What are your thoughts?
Which of these stocks would you be adding to or starting a position in and why? All have pulled back to some extent so my question is which have the most upside assuming I can handle volatility? I am okay with a response suggesting to buy all 5 if you can please explain why each has come down too much and has room to go up. Deduct as you see fit and thanks!
Q: I have a question about Shopify US. Due to price drop in Shopify shares, I sold off 100 shares yesterday morning to maintain profits. I am still holding 50 Shares that I purchased the end of August for 394.00. With yesterday's offering which looks like it will reduce price further, would you advise to sell and buy back at what would hopefully be lesser price or just ride it out.? Thank you.
Q: Hi Team,
Kindly comment on the announcement that Shopify is offering 1.9M new Class A Subordinate Voting Shares. What will be the impact on current shareholders and is it safe to assume the funds will be used to replenish some of the cash spent on its recent acquisition?
Thank you, Michael
Q: Hello 5i,
I've done well with Shopify and Amazon with SHOP being up over 1000%. Lucky me!
They now collectively make up a little under 10% of my holdings. Everything I see says "better days ahead" so I don't mind holding on to them being a long term holder.
What do you think, is my exposure too concentrated?
Thanks in advance.
Q: Can you comment on SHOP's acquisition announced after the close yesterday. What does it mean for the company and how do you think the market will react to it? My view is it's a positive move.
Q: In possible answer to Bruce's question about why Shopify and Lightspeed are down heavily today, there was an article on the Motley Fool today which said that anyone buying these stocks was gambling, not investing, as they were both ridiculously overpriced and subject to huge risk.
Q: You have always said that LSPD is very expensive and more risky than other stocks.
Also that it trades at 15X sales
For the last 3 years, haven't you said the same with SHOP which has gone from $50 to over $500 in 3 years time? Shouldn't we ignore them being expensive and just buy them? Of course, in a downturn, they will be hit the hardest.
Q: For those who enjoy podcasts there is an excellent one on NPR How I Built This dated August 4. My wife and I listened to it on a long car drive and said she finally understands it.