Shopify Inc. | StockChase
134
Shopify Inc. (SHOP-T)

Last Price Recorded: $132.5100 on 2017-11-16

ON STOCKCHASE SINCE Jun 2015


Shopify Inc.


Signal Opinion Expert

2017-11-07

COMMENT
Shopify Inc. (SHOP-T)

Has gone from one of the best performing stocks, to becoming much more of a trading stock. She would be shocked if Citron were to give up on their Short. Thinks that when the stock is really hammered you buy some. When there is a really good day and it is up $5-$6, then you let it go. Doesn't think it will make new highs over the next year. It's going to have a hard time.

Veronika Hirsch

Chief Investment Officer, Arrow Capital

Price: $127.480
Owned: Unknown

2017-11-06

COMMENT
Shopify Inc. (SHOP-T)

Valuation was at a ridiculous 12X forward revenue, so had Shorted the stock. Then the report came out questioning the strength and the viability of their operations. This is a real business operation, a real company, and he doesn't think there is any fraud or anything like that. Right now, you are paying for probably the best growth scenario through to about 2020, and that is where he is uncomfortable. He can't see buying this because he expects growth is going to slow. He did cover his Short, and will just watch this from the sidelines.

John Zechner

Chairman, J. Zechner & Assoc

Price: $126.980
Owned: No

2017-10-31

DON'T BUY
Shopify Inc. (SHOP-T)

This was a market darling. It consolidated very nicely, broke out and moved up. There is a pretty good level of support, so it is not necessarily a bearish looking chart, but is nowhere near a bullish looking chart. It is not making new highs, and is struggling to make a higher low. To him, that is a consolidation pattern. He would avoid this.

Keith Richards

Portfolio Manager, ValueTrend Wealth Management

Price: $128.260
Owned: Unknown

2017-10-30

DON'T BUY
Shopify Inc. (SHOP-T)

They report tomorrow.  It is a great company but every morning he has to wake up and decided if it has the best risk/reward and he does not think that right now.  The allegations against them are not that valid but a lot of people probably sold on the announcement because they didn’t know much about the company.

Jordan McNamee

Portfolio Manager, Cambridge Global Asset Management

Price: $140.220
Owned: Unknown

2017-10-27

COMMENT
Shopify Inc. (SHOP-T)

A short-seller dropped the stock price, and the battling back-and-forth has created problems. The sector is doing really well. This has been trading in a range recently. They are coming on with earnings next week, and will clarify their positions. We are at the top end of the trading range in the sector’s seasonal period. Wait until the earnings actually come out. If it breaks out in the top end of the range, that is a very positive sign.

Brooke Thackray

President, Jov Investment Management

Price: $137.590
Owned: Unknown

2017-10-27

WAIT
Shopify Inc. (SHOP-T)

Sold his positions some weeks ago. It’s a little early yet to step back in. He doesn’t like being in a situation where there is an activist creating waves. Loves the company and loves the concept, but it is a situation where there are no earnings yet. Wait a little.

David Cockfield

Managing Director, Northland Wealth Management

Price: $137.590
Owned: No

2017-10-26

COMMENT
Shopify Inc. (SHOP-T)

They will probably beat estimates.  They consistently jump over the bar that people have set for them.  It has been a great success story but it is an expensive stock and he is a value investor.  He forecasts strong growth in the near term.

Colin Stewart

CEO & Portfolio manager, JC Clark Investments Ltd.

Price: $133.880
Owned: No

2017-10-20

COMMENT
Shopify Inc. (SHOP-T)

Vulnerable to the Shorts, because the valuation is incredibly expensive. They are still not making any money. Believes the Bulls have $.20 in earnings for 2018, back-end loaded. That would mean it is trading at 600X earnings, and something like 30X EBITDA. Still too expensive and vulnerable. You could maybe trade it, but if it ever misses it would be $80 before you could shake a stick at it.

Bruce Campbell (1)

President, Campbell and Lee InvMngmnt

Price: $129.030
Owned: No

2017-10-19

PAST TOP PICK
Shopify Inc. (SHOP-T)

(A Past Top Pick Jan 18/17, Up 85%)  It has been called a multilevel marketing company.  They have never missed a quarter as a public company.  There are a lot of eyes on it.  They have recurring revenue.  None of the allegations are new.

Peter Hodson

CEO & Head of Research, 5i Research Inc.

Price: $122.710
Owned: No

2017-10-18

WATCH
Shopify Inc. (SHOP-T)

A great case study. Basically, traded from $15 to $120, and consolidated nicely along the way. When the Citron report came out, the stock was at $105. Fundamentally, it is a great business. The Citron report had enough holes to drive a truck through, but there is some smoke. He was stopped out at $105 and has moved on. He’ll wait and see how the company handles this. There will be more when earnings come.

David Burrows

President & Chief Investment Strategist, Barometer Capital Management

Price: $123.300
Owned: No

2017-10-18

WAIT
Shopify Inc. (SHOP-T)

A prominent short seller came out with an attack on the business model.  The work was pretty sketchy in the short seller’s report.  They will deal with it when they report on November 2.  He continues to like it.  The pull back is just a cooling off.  It is a normal course correction in a stock with a high multiple.  They anticipate profitability in the fourth quarter.

Brian Madden

Senior VP & Portfolio Manager, Goodreid Investment Council

Price: $123.300
Owned: Yes

2017-10-17

COMMENT
Shopify Inc. (SHOP-T)

The short position of Mr. Andrew Left and Citron?You can’t say his news is fake news. You can say that he is delivering his opinion. He has never quite understood this company to personally get into it, but has been jealous of anybody who has. However, he has funds that hold it. The more he hears about the methodology, he wonders about the casino aspect of venture capital listing on its site, when he knows historically that 1 out of 20 venture capital used to be the rate of success. He doesn’t feel it will go higher.

Michael Smedley

Exec VP & Chief Investment Officer, Morgan Meighan & Associates

Price: $120.570
Owned: Yes

2017-10-13

SPECULATIVE BUY
Shopify Inc. (SHOP-T)

By any stretch of the imagination, this is still a speculative stock. They’ve invested about $900 million, but valuation is $9 billion. Yet they haven’t earned any money and are still negative EBITDA. A game changer with a really great technology and can be widely used by many businesses. Has a good overall business model.

Matt Kacur

President, FSA Financial Science and Art

Price: $117.760
Owned: Unknown

2017-10-12

WATCH
Shopify Inc. (SHOP-T)

He would not buy it.  He would want to see it stabilize more, considering the short report.  He may have to buy it back higher but he would want to know they are executing.  It has been unbelievable.  It is volatile without short reports.  You can trade it around using a tool.  Once their numbers come out the stock tends to gap up.  There will be a cloud over them until their next quarterly numbers come out.

Bruce Campbell (2)

President & Portfolio Manager, Stone Castle Investment Management Inc.

Price: $117.480
Owned: No

2017-10-11

COMMENT
Shopify Inc. (SHOP-T)

One of his Top Picks about 45 days ago. Recommended it in late August and got in at a good price, and had been up 25%. He uses stop losses, and on the first tweak he saw from Citron, he exited his position. As a result, he lost 6%-7%. It is going to be a real tug-of-war for the next couple of days. All the analysts have not budged. We need to see this play out for a while. He is cheering for the company.

Mike S. Newton, CIM FCSI

Director & Portfolio Manager, Scotia Wealth Management

Price: $118.400
Owned: No

Showing 1 to 15 of 134 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.