WISH ContextLogic Buy Rumors

I know this rumor isn`t new, but makes us think a little bit about WISH`s valuation.

One person close to WISH`s Insiders said Amazon offered $10 billion all-cash to buy the company, and Wish's CEO didn`t agree.

Looking at today`s Market Cap of only 6.438Bil, i would say that from a valuation point of view you can buy it cheaper than Bezos now.

My short term Price target considering also the Avg. Volume of 59Mil per day is the 15usd resistance.

I look forward to read your opinions about it.