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WeCommerce Holdings Ltd. (WECMF)

Other OTC - Other OTC Delayed price. Currency in USD
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1.4672-0.0328 (-2.19%)
As of 09:59AM EDT. Market open.

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  • W
    Woofer
    NCIB is a nice little blip on the heart monitor. Would prefer to see a lot more individual insiders buying though.
  • G
    Gareth
    I am wondering if the play now may be to take this private.
  • J
    Johans
    What happened with this stock today?
  • W
    Woofer
    Now trading at 2X sales.

    If the stock slips into the 1’s it will be nearing the cheap employee options of 2020 (issued at a $35M valuation back when Wecomm was basically just Pixel Union).

    Hugely disappointing for recent investors, but potentially a great long term opportunity shaping up for newcomers.
  • W
    Woofer
    After a less than inspiring earnings call, looks like TD just downgraded WE.V from Buy to a Hold (saw on twitter).

    My takeaways from the call:
    - Glad to see them paying down the debt facility but with just $10M in cash now and a <$3 stock, M&A options are slim
    - Sounds like founders are still in wait-and-see mode re: valuations
    - Everything hangs on Stamped, currently.

    In the long run if WEComm is disciplined things should eventually break to their favour, but the question is can they hang on and actually take advantage of the slowdown with some key acquisitions?

    Last - why in the he’ll aren’t insiders buying at these levels?
  • s
    snoop
    haha what a scam. invest in fElon beta self driving instead
  • G
    Gareth
    @Darren. From what I remember, all of the ear-out obligations were payable in stock or cash at WE's discretion. In some cases there was a floor to the stock price (Stamped was $18 and Knocommerce is $10) which is why those will be / were paid in stock. Foursixty and Archetype are being in paid in cash although if I read the report correctly both have missed their earn-out targets so the payment is a reduced amount.
  • W
    Woofer
    Welcome to the $1 club
  • R
    Rachel
    SP making me depressed #$%$@#. Worst buy of a lifetime
  • B
    Brett
    This was a bad hold….
  • J
    Johans
    Why is this not trading today?
  • L
    Lucic
    time to buy this junk yet? seems like someone supporting this at 2.9
  • G
    Gareth
    Another quarter in the bag. Dumont selling more shares, Stamped dropping in popularity from 9th to 147th according to SASI, and not a peep from the company to keep investors interested. Looks like we may be sitting near $3.20 for a while.
  • S
    Stella
    LOOOOOOOOL
  • d
    david
    This looks like a very interesting investment. Under the radar. No one is exactly talking about this. Quite possible we r still on the ground floor here. Very early days. Looks and feels good!
  • T
    Tim
    Who wants bargain shares?
  • M
    Michael
    New acquisition: Archetype Themes. All these companies should add up to a bigger revenue stream.. maybe EV/Sales is now becoming less than 10. More attractive now?
  • j
    jassi69
    No support for this stock, keep sliding everyday regardless of market fluctuation.
  • M
    Mike
    $17 should be the most u pay tbh. Insiders only bought at $7.
  • J
    Johans
    What happens if it goes below $1 ??