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BREAKING: Internal sources confirm another round of layoffs just hit emails at Tesla. For real.
The stock is trading under $2. Is there any hope for this company and how do people who work at Wish feel about this? $Wish is the worst investment I've ever made. I guess you live and learn. #investments #personalfinance #wish #netflix
What's "wish"?
It’s a marketplace where you can buy things and “wish” your order looks somewhat like what you saw on the app
People there and bag holders can wish for an upturn
The only way you’re getting your money back is from a real wish
Every week there are people resigning. After the lay off I didn’t feel very well. I didn’t mind the stock being down then or now but I was shocked by the surprise lay-offs and since then my spirit to work is getting pretty bad. I really see how the leaders and people who worked at Wish longer are making efforts to change things up. But we have more new people that does not know what to do or just don’t care to make it work.
Is the stock going to drop another 20% on the next earnings call?
Wish stock down 10% is not news, it's like saying it rained in Seattle
Or in Raincouver.
Never understood the business model, but maybe it was lack of a execution. Following the trend of sponsors for the Lakers cratering (Wish and Staples), I can’t wait to see the same happen to Crypto.com. A ton of money is going out the door. Red flags all around.
Crypto.com is gonna crash hard. Just like wish it's mostly just ad spend
On a similar note, does anyone actually use Monday.com or Ziprecruiter? Another 2 that seem to have a huge marketing budget but low user numbers. This is based on assumptions and no real numbers. I’m happy if someone proves me wrong.
Who cares
Wish stock performance just matches the items they sell. It's all crap
You feel bad? Imagine all the “professional” investors who bought tens of millions at the $24 IPO. The smooth bankers made a risk free killing while the pension funds and endowments managing money for teachers, firefighters, students lost huge. Idk seems criminal would not be surprised if there are lawsuits something does not add up.
Can we sue ark and cathie wood then
sounds like a dumb investment for the pensions/endowments to invest in a risky company such as wish when they can invest in big tech.
Have you ever used the wish website? Why would you ever invest in them?
I messed up. I fell for the trap of quick pump and dump