Seems a bit fishy to me. Appears several names in the sector are having a good day also. Definitely not a buyer at this level without some more clarity as to what is going on. Did you see the metrics Google shared on Shopify? Tell me about it. Shopify is almost as big as Walmart. But shopify is bigger than Intel which sales chips around the globe. Wall Street has given this company tons of cash.
They are not turning it into high margin high return business for sure. While this is a big number, it represents just Celebrations are in order! Happy Day to all longs! Reply Replies 1. Before everyone starts high-fiving each other, this market manipulation is pretty standard for shop. But, I am happy for all the investors especially the retail investors. Good luck to all. Reply Replies 6. Happy days indeed Shopify the lions share of that. Thank you SHOP.
Reply Replies 9. Super high volume today and a huge jump in price without any specific news to suggest such a move I wonder what going on behind the scenes, what insider information was worthy such big buy in by hedge funds, because for sure retail investors are not behind this jump, this is a lot of money we are talking about. Next week will be interesting to see how it will play with profit taking and some news that will probably can give us a clue to today move.
Great day for SHOP!!! Big jump for shop today. Reply Replies 5. Didn't this fall off a cliff 2 weeks ago after earnings? You just need to decide what kind of trader you're going to be short, long, day, swing holding for multiple days, etc. Imagine he is in love with a female and they decide to get married right after graduation. Time flies and it is time for another quarterly passive income update.
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A common piece of advice on saving. Even if their parents were a little unsure of what the business was about, they chipped in. Ms Tan says: "Our houses were like warehouses. The clothes were all over the house. Our parents nagged us but they gave us our blessings as we were quite persistent about it. We were financially independent. The following year, the threesome decided to leave their blogshop days behind and relaunch as Love, Bonito.
Going into the business full-time meant leaving the career path of becoming teachers. Ms Lim had to break her bond while Ms Tan, who had just completed her four-year teaching bond with the Ministry of Education, says: "It was scary because we were giving up something secure to do something so volatile.
Instead of bulk-buying clothes from Bangkok or Hong Kong, they designed their own. Ms Lim says: "It was about rebranding, to move away from that blogshop stigma. There were hundreds of blogshops, importing the same designs from the same places.
Despite having no fashion design training, Ms Lim works with mood boards and "sketching the best as they could". A middleman in China translated their designs to a factory there. There are now three others who work with her in the design team. The brand took off spectacularly. When they launched their first collection, the website crashed due to high traffic, even though they had prepared the server to handle a few thousand customers.
Ms Tan says: "We didn't dare think of doing another collection because we had to deal with very angry customers. But we learnt from that experience and were well prepared for the next launch. The company, which has about 35 staff, has , "Likes" on its Facebook page and 67, Instagram followers.
Its annual warehouse sale, started in when Love, Bonito was launched, draws hordes of women. When Love, Bonito launched its first collaborative line with French couture designer Julien Fournie in , it scored points for bringing high fashion to the masses.
Seven pieces from the limited-edition collection of about 15 looks were sold out. And despite Ms Velda Tan leaving in to pursue her own interests - she remains a stakeholder in the business - Love, Bonito has grown. It opens its first brick-and-mortar store this month in Mid Valley Megamall in Kuala Lumpur and will open a store in Indonesia soon.
The catalogue this year will include a maternity and sportswear line. Ms Tan and Ms Lim shy away from being called fashion moguls. Ms Tan says: "I won't say we're a giant in the fashion industry. Fashion is always changing and we've so much to grow still. But they still get a kick out of spotting women wearing their designs on the streets.
Ms Lim says: "When we see them, we catch their eye and nod at them. They always look good. Love, Bonito's Viola Tan calls her co-founder Rachel Lim the "life of every party" who knows what she wants. She also calls her childhood friend a "go-getter" who is steadfast. She's a constant in my life and will always be.
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