KGN 1.62% $4.24 kogan.com ltd

SPP Buy and Immediately Sell, page-10

  1. 4,567 Posts.
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    trademe is like ebay. a lot stickier classifieds. this isnt a classifieds site. its not a comparable. long term will show kogan's spike in sales is temporary- covid vaccine is on its way, every day a covid biotech stock rockets 40-50%.

    there are no recurring sales or revenue with a model like kogan's, people are free to churn at any time to other sites.

    to be honest, the whole tech in a bubble also - look at APT, Buy now pay later firms, nasdaq tech as well, gold stocks.
    Last edited by Nige456: 24/06/20
 
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