Even though they may be a seasonal trade, I'm not convinced that the holidays are the reason you want to own online commerce stocks.
More Quotes from Mark Mahaney:
It's very difficult to manage this kind of growth--they hired 800 people last quarter, and when you grow that fast, how do you know that all the people you've hired will be employed as efficiently Problems inevitably occur when you're ramping up at this rate.Mark Mahaney
That's a fairly sizable number. It's conceivable that some of the movement in the stock in September may have been some near-term short covering.
Mark Mahaney
When the company set the first pricing range over 100, it sent the message that pricing the shares in a widows and orphans fashion was not a goal.
Mark Mahaney
With small and mid-cap companies, there may be the potential for a takeout, but it's just very hard to get ahead of that. It's a highly speculative way to invest and investors need to be very cautious,
Mark Mahaney
The stock's had a big run. The way to do it on these shares is to wait for the opportunities. I prefer to recommend a stock when the expectations are lower,
Mark Mahaney
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce Quotes, Reasoning QuotesScience is defined in various ways, but today it is generally restricted to something which is experimental, which is repeatable, which can be predicted, and which is falsifiable.
Walter Lang
Two great talkers will not travel far together.
George Borrow
I don't always buy organic food. It is more expensive.
Alexandra Paul