Jul. 30 at 2:49 PM
Picked up some
$WU wear today.
The ER highlighted more positive growth than risk assoc. w/immigration policies and being that the stock has pulled back from the pre-ER fake bump, the RvR (while continued monitoring) works for me at this price level.
Totally prepared to eject if the overall market turns or the stock does.
Speaking of fun facts; I recently found out
$MTCH isn’t realizing all cost savings by leveraging its tech across its different brands.
Ex. the ai tool used for verification on Tinder is different from POF.
Also, the platform lacks basic tech. Ex. to rearrange photos a user must delete and re-upload vs drag/drop like
$AAPL phone, etc.
Those two DD facts is enough to make me question mgmt’s decision making and cost mgmt as well as explain the -60%+ over 5yrs.
Worse; if a user deletes photos that were verified the user has to go through the process of verifying their account again.
How insane and subpar user experience is that. Stock prices lie but not always
