RE: Blow over, like Eunice18 Feb 2022 13:01
Global markets are hurting this, first they weren't a tech co. and got battered, now that tech is devaluing....THG is a tech co.
UK markets are very weak and something that will show through with UK co's opting to list in the US going forwards.
This will blow over, the Russian invasion will blow over, interest rates will blow over.... then some will look back and say I could have bought a Co growing at 25-30% annually, in 3 of the best sectors, which has cash and doesn't need to raise at less than 1x revenue... was I mad or just scared with all the negativity and derampers.
I think we'll see some massive swings in the US (upwards) when retail get burnt on the first bug tech uplift. Remember when Covid first hit and no-one could see a V shape recovery, history is repeating itself.
Buy, Hold, Smile #THG will come good and shorts will get squeezed