Coupang Stock Discussion

Salmon Klein : i thought the same but looks like is not going to happen...or?

MonkeyGee OP Salmon Klein : The most crazy thing is that you don't think it's going to happen, and once you jump in, it happens.  That kills me.  has happened to me so many times.

Salmon Klein MonkeyGee OP : i know nada i agree with you too, that's tje reason i also didn't get in yet...indeed i have my daily order in place at 19...but doesn't look it will get filled also true is taking too long to consolidate here let's see...when are earnings comimg out again?

102528292 : Why so?

kind Kiwi_0937 : yup this is

101721316 OP : so it is as good as amazon

Milk This Cow : just an observation,  yesterday retail report says,  no one spending money WMTs earnings says they have more higher Income coming in.  that should tell anyone the market is going to take a dive.  it's just a matter of time, and debt is at all time high with consumers.

Guiping Giordano : Thanks for getting the news in a timely manner

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MonkeyGee OP : Looking good, above yesterday high.  will test 23.09.

MonkeyGee : can you show me where the 95% is?  because I don't see a 95% drop in NI.  maybe 9.5%

ForeverBean OP MonkeyGee : The latest News from WSJ which says:
Based in Seattle, Coupang operates an online shopping business in Korea, and on Tuesday posted a first-quarter net profit attributable to shareholders of $5 million, or 0 cents a share, compared with $91 million, or 5 cents a share, for the same period a year earlier.
I saw -95% from 91M to 5M

ForeverBean OP : To me this is the only 'poor' number tho. Pretty strong earnings overall. Been watching for a while. Glad it dropped somehow for entry
ps. The market might see it the other way Can never be sure.

MonkeyGee ForeverBean OP : I'm happy for the drop.  now I can reload.  These AI trading algo are amazing.  Time the drop right at the top of the resistance point.  That really takes skill to manipulate that way.