Member Info for CLSKBull

Yeah agree with that, it's more volatile than crypto, but the good news is that it also knows how to go up as witnessed last week and can double in a day. That said I think we're more susceptible to general market conditions as a driver of price, which have been poor, but with NDX and SPX breaking ATH's last week I'm taking this as a tell that the market wants to run. Hopefully a peace agreement comes soon so the world can get back to normal and markets can get going.

Markets back at all time highs. WCAP is now back in value territory and undervalued on a fundamental basis. Pullback on WCAP today makes sense after a strong run, natural for those that were buying in at the recent low prices to take a profit. At this point things look promising again for the first time in months.

Next stop is the results release - not expecting miracles there, but hopefully some positive announcements to support WSHP demand - this is very much a "what's to come" business rather than what has been. Insane volume on WSHP the last couple of days. Why I've no idea! But long may it last. Well done all.

Matt I think I read they have/had a headcount of 19.

Https://www.sec.gov/Archives/edgar/data/2048271/000149315225024312/form424b4.htm

Swat, 1 point is 1 share, but I don't think you get the shares until 12 months after the purchase. I don't believe there's any other timing element (eg you might get a different quantity when the retailer makes final commission payment to weshop and the share price is different), I think the points/shares are correct at time of purchase. The prospectus isn't clear enough for me to fully understand though. This is either a huge opportunity or a complete waste of time depending on how wshp performs over the next 12 months.

Yeah really odd - 3mil of volume now - might be shorts closing out or something. Can't see any news. Meanwhile over here we've had 11 trades.

2mil wshp shares traded today, that's some incredible volume vs previous days. Wonder what the reason for it is...

0134 - thanks that ORBS looks interesting but seems very heavy in WorldCoin, which I doubt does much until market sentiment turns - I'll look a bit deeper though there's a lot going on there and my first feel is that if the stars aligned it would run hard - buy my gut feel is it has a bit more weakness to come first.

Chaebol - yes the GST delisting and fundraise to buy bitcoin were the reddest of red flags. That is not a company going places. I'm not in Coinsillium anymore - I feel it has had its run already. No idea what the next thing to run will be - guess once the new fed chair comes in we'll have a better feel if the printer is coming back on on not.

Yes and the recent option buy at $9 or whatever it was.

-**Can see the draw

Thanks JPP for the example and added clarity around vwap - I'm going to have to sign up, and can see the attraction. You could be getting paid to buy things at the moment - or 0 if it all goes wrong, but can't see the draw.

I must admit it is an interesting system. Is the shareback amount based on current wshp share price?

Here's my thoughts - the app reviews are not good as recent reviews say scam and things like that, I think maybe they did some cleanup before Nasdaq listing and upset people. So I think 1) they are doing this UK thing to get better reviews and some sort of positive goodwill going before proper us launch, and 2) this will set the backdrop for us launch, which would come later. It's clear the company is working hard behind the scenes. Hoping we get the clarity we need on q1 release. Not expecting strong download figures for q1 btw. Look at app reviews, and as the frequency of reviews starts to increase you know it is being downloaded more. Additionally the general market backdrop is horrible, and not much out there is doing well.

Now Mara are selling their BTC at a loss, and their share price goes up.

Chaebol, I see you're having fun over at the GST board - Argo 2.0 by the looks of things. Glad I got out of that junk a while back.

That said there's not a lot that's green out there these days. Anyone got any good multibag potentials with a supporting fundamental basis?

They certainly should be focusing on the UK and building revenue for sure. But we all know the big money is in the US.

Anyway I've vented, and I won't keep going on about it. Let's see where we are in 6 months from now, might be a different picture then.

It's weird the we.shop investor portal doesn't show all the news stories, but you can see them here:

https://www.globenewswire.com/en/search/organization/WeShop%2520Holdings%2520Limited

Yes Magpie I don't get the UK focus either. But the US recruitment news sounds like it's not coming anytime soon (ie. not in the next 3 months). Although they are onboarding US retailers so there's definitely a plan there - we just don't know what/when it is!

The low share float is the opportunity to launch this, and that ends in November when the lock ins end and the number of shares available to trade rises dramatically, which would limit any parabolic move that could happen if there were strong demand for shares before then. In that article I linked, in 2022 they were targeting NASDAQ launch in 12 months, well it came much later, but they've had ample time to plan a US strategy and should have launched it by now, or at least communicated a launch date. But yes all we can do is wait for Q1 and hopefully some positive news that changes things. We've seen what can happen with the share price when there's demand for it, so WSHP now needs to give the market something it can work with.

WSHP became Nasdaq listed at that date, but the app was already built and available on the App stores. I doubt that many are happy about these drawdowns - I guess everyone is different though.

Abitforward, I don't agree, they have had this app out for years - a quick google shows 2022:

https://uk.finance.yahoo.com/news/weshop-launches-first-community-owned-230100106.html

They should have hit the ground running on listing, not realising 4/5 months in that they need to hire US staff. I feel I've made a mistake on this focusing on WCAP and the 10x differential rather than looking at WSHP properly - fools rush in I guess. A 2bil mcap was clearly crazy in hindsight, but sometimes the US market can be crazy that way.

Hope is not a good investment strategy, but it seems that's the case here now. All eyes now clearly on the Q1 release when it comes. Due to the low float WSHP has probably been an easy short for someone, but the reverse can be true, this could run very hard. Looking at the app reviews there's very little activity, so it seems nothing is happening yet. They've been doing the groundwork of signing on retailers, but it feels the proper campaign launch is still to come - but when is the $million question. WSHP at $174mil mcap - feels there's more room for it to fall. Ball is firmly in the court of WSHP management.

I think it's 30 business days under $1 they get a non compliance warning, then get 180 days to resolve (normally via a reverse split).

Let's hope none of that happens. Really the management need to pull their finger out and get this rolling out to US users.

The good news is that the 10x valuation gap has now fully closed and we're now at a premium! The bad news is I didn't see it happening in this manner. Is the WSHP CEO the right man for the job? I say he probably should be fired.