$Pinterest (PINS.US)$ Now that the year is basically behind us, I thought we could post our worst decisions from the past year. We could even learn something from each other!
I can go first: $PINS, down around ~35%. Not selling though, I like the fundamentals and I believe they can do well long-term.

$ContextLogic (WISH.US)$ Is there no hope for this guy?

$BABA-W (09988.HK)$ super Confident!

$ContextLogic (WISH.US)$ We all know that WISH isn’t a superbly run company that’s just blazing new roads in e-commerce. It ipo’d roughly a year ago at like $24 and has been on a downward trajectory since. But even if it is a crappy company with a crappy product, aren’t stocks like that historically celebrated in this sub? I always thought the spirit of the sub was based on outrageous wagers on either unrealistic expectations of good stocks, or betting huge on shitty stocks.
Any mention of WISH is absolutely tarred and feathered here now. Why is this? There are certainly shittier companies and stocks out there that don’t get the backlash that WISH does. I’m really just curious about how it became hated to the extent it is here, when a stock like it should fit right in the spirit of the sub.

$Disney (DIS.US)$ Disney is gonna win the streaming wars period. $Netflix (NFLX.US)$ realizes this and is trying to pivot into video games as well to compete with Disney. Netflix is burning way too much cash and is reliant only on streaming. Disney can sustain a streaming slowdown, Netflix can't.

$UP Fintech (TIGR.US)$ 👀👀👀 6.55 - 6.68

$ContextLogic (WISH.US)$ If retail investors don't leave, the stock price won't rise.