fooddelivery
Can Amazon Make It? That was the headline plastered on the front page of BusinessWeek magazine in July 2000. Q3 2020 hedge fund letters, conferences and more Amazon’s future looked bleak after the tech bubble burst earlier that year. The online shopping pioneer was hemorrhaging cash, forcing it to cut 15% of its workforce. Top fund managers cut Amazon from their portfolios. And over the following year, its stock price sank from $105 to $5. In 2000, Amazon was a small online store selling books and CDs. It soon branched out to other categories like electronics. But folks remained skeptical. Tha...
ValueWalk
Health Warning: This is not investment advise. PLEASE DO YOUR OWN RESEARCH !!!!! Q3 2020 hedge fund letters, conferences and more IntroductionJust Eat Takeaway.com or “JET” is another of these stocks that popped up from different “high quality” sources. A few friends mentioned the stock, most recently Swen Lorenz featured JET (behind paywall). By coincidence I am also a relatively happy user of their service, especially since the lock downs started. Just EAT Takeaway.com - The CompanyA good starting point for an analysis is this write-up from a US based 2 bn USD hedgefund called “Catrock” whic...
ValueWalk
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