$MercadoLi_老虎社区_美港股上老虎

2021-08-06

$MercadoLibre(MELI)$ $Etsy, Inc.(ETSY)$ $ContextLogic Inc.(WISH)$ If $WISH traded on similar EV/S multiples as $ETSY it would be a 70-75$ stock.
If $WISH traded on similar EV/S multiples as $MELI it would be a 75-80$ stock.

Apply a qualitative discount of (50-75%) and you would still get a 18-35$ stock.

Insanity.

Long $WISH

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