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Posted On: 02/26/2021 10:45:08 AM
Post# of 32688
I am seeing more trader videos and posts on the internet. Nothing wrong with that. More awareness about our stock. More institutions and traders buying and selling is all part of being on the Nasdaq
Saw one guy opened a long position from $2.88 with a stop loss at $2.36.
Guess he's out.
You ever wonder why stocks go up quickly, then a healthy pull back and then up again?
One reason is because they take out all the stop losses
Anyway, one thing that seems to be consistent among the crowd. They beleive the stock is going to $5 something in the coming weeks or months for whatever that is worth.
In other news, I was looking up valuations some more.
Did you know Nextdoor is looking at a $4-5B+ IPO?
You know, that app for nosy neighbors
The one were everyone post they heard a loud bang last night or they seen a polar bear walking down the street. I kid you not about the latter as they did last week, but people like to do that on the app too.
So $4-5B valuation for an app that Facebook already does?
Why would a company like Nextstore even bother taking on a giant?
Facebook could swat them away with one funny meme
Or maybe people use Nextstore because they don't want to use Facebook?
I had to look to see if Nextstore actually had any revenues because they been giving their app away for free, forever
The article I read said...
Actual revenue figures are unclear, but the firm makes money in 3 ways:
Sponsored Ads: Local and regional businesses advertise in the newsfeed
Neighborhood Sponsorship: Local home service experts and real estate brokers can promote themselves in certain zip codes
Local Deals: Neighborhood businesses can advertise special offers to members in their area
Sounds like the stuff I get in my mailbox every month
Before one invests in any company, it's good to try to put a valuation on it
Wouldn't have thought a nosy neighbor app would be valued that high, but I'm more of a eCommerce, Interactive, Streaming fan myself.
But I am a Nextstore user too
Saw one guy opened a long position from $2.88 with a stop loss at $2.36.
Guess he's out.
You ever wonder why stocks go up quickly, then a healthy pull back and then up again?
One reason is because they take out all the stop losses
Anyway, one thing that seems to be consistent among the crowd. They beleive the stock is going to $5 something in the coming weeks or months for whatever that is worth.
In other news, I was looking up valuations some more.
Did you know Nextdoor is looking at a $4-5B+ IPO?
You know, that app for nosy neighbors
The one were everyone post they heard a loud bang last night or they seen a polar bear walking down the street. I kid you not about the latter as they did last week, but people like to do that on the app too.
So $4-5B valuation for an app that Facebook already does?
Why would a company like Nextstore even bother taking on a giant?
Facebook could swat them away with one funny meme
Or maybe people use Nextstore because they don't want to use Facebook?
I had to look to see if Nextstore actually had any revenues because they been giving their app away for free, forever
The article I read said...
Actual revenue figures are unclear, but the firm makes money in 3 ways:
Sponsored Ads: Local and regional businesses advertise in the newsfeed
Neighborhood Sponsorship: Local home service experts and real estate brokers can promote themselves in certain zip codes
Local Deals: Neighborhood businesses can advertise special offers to members in their area
Sounds like the stuff I get in my mailbox every month
Before one invests in any company, it's good to try to put a valuation on it
Wouldn't have thought a nosy neighbor app would be valued that high, but I'm more of a eCommerce, Interactive, Streaming fan myself.
But I am a Nextstore user too
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