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Sunday, September 25, 2022

CHART OF THE YEAR: We(Didn't)Work 😕

WeWork (WE) is on its way to zero...who bought it at 14.97?🤔

SoftBank (SFTBY) invested $17 Billion in WeWork, according to this October 2021 Bloomberg article...and we know how SoftBank has fared. 

Since my post of August 8, SFTBY closed lower at 17.95 last Friday. As I reported, failure to hold above 16.00 could see it plummet in short order to 10.00, or lower.