Coupang Lock-Up Expiration 9/7/21

[vanzandt]

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

 

[smallfil]

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.

 

[vanzandt]

Set a buy order at $28.75 tommo.