It closed at an all-time low yesterday. Folks are nervous for no reason. The major insiders were allowed to sell already via a tiered lock-up arrangement. (Page 189 here: https://www.sec.gov/Archives/edgar/...4b4.htm#i4773fe05195046f8b8cb330d78922a20_641 ) And many did. This 180 day lock-up coming up.... its nothing. The stock's at $30. It'll be much higher in a year. The scale on these two charts is different because AFRM has been trading a few months longer, and I'm not using Affirm because of that news on them yesterday, its just to illustrate that investors get nervous before a lock-up expiration. For most stocks there's good reason for that, but I think the selling is done for Coupang and I think the smart money is gonna start buying real soon. -71% revenue growth over last year. -67% forecast for the next three years. -Its active-customer base expanded by 26% over the past year to 17 million, and the average account is spending 36% more than it was 12 months ago. -Profitable by 2023. I'd buy this stock and then forget you own it. $30
TRIL, the other day, gapped up. Was going down all the way down to about $6.00 and change before, the announcement of a stock buyout at $18.50. It had high institutional ownership, 76.09% (finviz) up until, the huge pop. Maybe, the hedge funds, banks, brokers knew something, the retail investors and traders did not? That a buyout is coming? What is clear is the institutions cleaned up.