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Automatic TRANSCRIPT

Begin with the red hot stock it shop affi- shares up big around twelve percent of the time of our taping on better than unexpected earnings and upbeat guidance. Now Emily shop if I may not be a household name for a lot of people. It's an e commerce platform kind of a behind the scenes business that helps other websites operate in really allowing them to build out their online presence and it has been a great stock. What do you think of the latest earnings? Well if it's not on investors radars just because you're not familiar with the name it definitely should be. It's one of the best performing stocks over the past year. When you opened up that read talking about magic? My my mind immediately went to shop is share price Shop Affi- is a company. That has really kind of proven themselves and seems to have no cooper limit that had another blowout quarter this year. That's after the stock is up. Something like seventy percent since November before this quarter So revenue grew nearly fifty eight percent year over year Which is supported by both the number of merchants that are selling on shop platform as well as an increase in the merchants that are using what they call merchant agent solutions so chiappa fight isn't just a platform for these more merchants? They also provide a lot of ancillary services. That's things like two days. Shipping payment processing and fulfillment makes the whole process. Really simple for merchants. Okay I hear you on all that and it sounds interesting but I look at the stock chart and I go back four years. It's trading around twenty bucks a share today trading over five hundred dollars a share so if I'm a shareholder should I start thinking thinking about you know trimming my position of it and if I'm not a shareholder is it too late. Yeah I have to admit this is one that I have struggled with as an investor. I don't like to keep I. I don't like price to keep me out of what I know is a great company. That has a really strong future and my opinion shop. A Fi is very clearly that company at the same point. It's hard to. It's sustaining itself at these levels Over the short term. At least I think if you're a long term investor if you have that time shouldn't worry too much about the valuation but I could see them being some short-term pressure Just because the shock the stock has had an outstanding but somewhat unwarranted run over the past six