Shopify 10:1 Stock Split 28th June (Patreon)

Shopify's shares have been hit hard this year, like most disruption co's it is down 73% from all time high. The company continues to perform very well, despite an earnings miss, and revenue growth for 2022 is still going to outpace eCommerce as a whole. Shares are up 300% over the last 5 years. Trading at 10% below fair value and earnings are forecast to grow 96.13% per year (despite some qtr to qtr undulations). Also not sure how recession will play out. Clever companies get lean and focus on ecommerce during recessions, which would help SHOP, but most sadly are not smart. 

Stock split is coming up next week Tuesday paid out Wednesday 29th. Pre split-run has begun... up 30% in 8 days.  Historically I sold a lot of Puts on Shopify but waiting to see if we get a dip to buy a LEAP.  Price is back at March 2020 levels.