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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (65654)	12/9/2020 2:48:55 PM
From: Area51	Read Replies (1) of 78776

SFTBY also benefitting from their investment in DASH possibly. Good job for those like yourself that bought mid 2019 around $20. Maybe still a value argument for SFTBY (I saw this posted on a seekingalpha news story for SFTBY: Value of parts 13800 yen, current price 7480yen)? Meanwhile, the SoftBank Vision Fund is going to have one of its best days ever, thanks to the wildly successful debut on Wednesday for the food delivery company DoorDash (DASH). The company priced its initial public offering at $102, and appears likely to open as high as $170. SoftBank invested $2 billion in DoorDash, giving it about a 22% stake after the offering. At a stock price of $170, the position would be worth more than $10 billion.

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