 Massive competition What's up, I'm the Geeks, Mr V here. Welcome to another video guys. So in today's video I want us to take a look at ticket symbol BIGC, big comments But before we get started, if you're new to the channel, we'll talk about how to earn money, how to save money, how to invest and Build wealth. So if that's something that interests you go ahead and hit that subscribe button and the notification bell So you don't miss out on new content So guys before we actually really jump into the video I wanted to take a second here and just make a huge announcement guys We hit 5,000 subscribers here on the channel, which is Unbelievable like I don't know what to say. I mean 5,000 subscribers like that's that's huge Maybe to some people it's not but to me man, that's massive Just to get that interaction get the questions from you guys and just that you know back and forth and just Helping each other grow. That was my main objective of the channel to kind of show people that if you knew nothing about investing you can go from zero to Becoming a profitable investor like myself in and that's why I just wanted to share because I knew there's a lot of people out there that Maybe have their $10 $20 $30 a month that don't know what to do with it and they're putting the savings account Not knowing that you can invest that in the stock market and get some great returns So from the bottom of my heart, I want to thank every single one of you subscribers guys you guys The real real money geeks here. You guys are putting in the work Asking the questions and just learning and growing and continue to build wealth. So it's awesome So I know people usually do some giveaway when they hit huge milestones. So I don't know What I'm gonna do is just leave a comment in this video Then I'm gonna select three random people and just send them our t-shirts So we have two designs right now that we're working on One is don't be a greedy savage if you guys been watching my video, you know where that comes from And then you don't want is by low sell high repeat So you have the option to choose between those two designs if you are one of the three lucky Subscribers that get you know get chosen for the price. That's all I can do for now guys But again, thank you so much for all the support and just Interacting with the content. Let's talk about big comments. So big comments actually You know debuted the IPO last last week on the NASDAQ and if you don't know a little bit about big comments Big comments is a it's our software as a service platform Exactly comparable to Shopify so I did a video here on the channel talking about Shopify and how I saw the potential for them growing I'm gonna hook that video up here So you can definitely go check it out if you haven't already but big comments is in the same space They're doing exact same thing providing Business owners and entrepreneurs an opportunity to be able to open an e-commerce store with all the different Capabilities that you would need to run a business. So we're talking about shipping We're talking about packaging and all these other things that they integrate. They have a ton of Add-ons or plugins that you can put in there to make your store a very very Functional e-commerce store Shopify doesn't exact same thing. So again, they're company competitors for investors if you if you missed out on the break on Shopify and you didn't invest in it at the early stages Because it's right now trading at about 10 $1,000 a share. So if you missed out on it big comments would be Where else a poor man's version of Shopify and hopefully who knows maybe someday They can rise to the occasion and start moving further and grow and as Shopify did but you never know again when you when you invest in these stocks, you're going in looking at the potential For growth. So the question that you're probably asking yourself right now is mr. V Is become a big comments? You know a buy at this point There's several factors that would go into me answering that question. So again, as you can see here B commas has The platform a software as a service where you can go in and just sign up and then be able to create your own store and Include some of the the different plugins that they have to allow you to grow your business customize your store To your liking and use your own domain name Just to kind of get your product out there Help you with integration with social media so you can actually grow your business and stuff like that. So Again, if you know Shopify, this is exactly What Shopify does already? So If you if we are just looking at that So here are some of the key things again, like I mentioned that we I want us to consider when it comes to to to be commas, right? They're right now. Your finances are not looking too good So your finances they've actually lost a ton of money Over the years so 2019 and 2020 they've been on the losing end And the reason for that has been I mean, they're still trying to grow and expand So again, if that's the same thing that Shopify went through losing money So finances and evaluation is definitely I'll take another red flag But if you look at most of the tech companies, they they do Reinvest a ton of the money into the company to try to to help to have the company grow So that again for somebody that's looking to get into this space that shouldn't be a big big deterrent so Again, this is their S is C filing that you can actually if you want, I'm gonna link it in the description below So you can definitely go check it out and just look at the numbers for yourself COVID-19 has been a big big help to a lot of these e-commerce companies because a lot of people have been doing online shopping because of the shutdown so And you continue to enjoy that growth throughout this period. So when Big commerce actually become is holding actually went live last week This you can see right here that the view The stock has just you know gone up all the way to about just a little bit over $100 and then pulled back as to when I was doing this video They were currently trading at about $76. So Compared that to Shopify, which is currently trading at At about a thousand dollars a share. And so if you can look at Shopify here prior to Covet Strangely fine covert so prior to covert. So this is the low of the cover. They were around $336 fast forward that after covert now they're trading at about a thousand dollars. So if you see them so even when of course it's about 1100 and now pull back to still under a thousand dollars. So Yeah, so Shopify is the giant in the space They've shown they've shown the last time to show consistency in their profitability Whereas be calm as it is just getting to the space and And whereas more and more people get into online spaces To start creating your own businesses there is potential for for big comments and they get it match up to Shopify I think Shopify is way ahead of the game so giving that E-commerce of potential and and and that software as a service business is something that is growing Be calm is is more than likely to really see some good growth down the road But I don't anticipate the growth to be as much as Shopify that's you get that's just my take so If if you would ask right now. Hey, Mr. V now that you've said all this What do you think is big comments and buy or or what's the deal? I'll take Yeah, if you missed out on Shopify I'll wait for a week to pull back again for for this Even at seventy six dollars there might be some pullback on this coming especially if things Start to get better business. It starts to open up. It might slow down. So you see some pullback So I'll wait for some pullback before I would pull the trigger or You can call a dollar cause average your way into the stock So buy a little bit and then wait for a pullback and average your way down into the stock so So here are you know some of the things so these are some of the reasons why I personally would not be Buying big comments because again guys you you guys know I am already invested in in Shopify If you are Looking to get into the space again I think that big comments is a poor man's version of Shopify so to conclude these guys if you look at what we just talked about here If you just want to get into you know that space Software as a service especially in the e-commerce space. This would be a really low entry point For for you know, what I'll say competition to Shopify But again enter smartly don't just dump everything because I think there's gonna be some pullback on the stock And so if there's that pullback and then you can dollar cause average your way into the stock That's it for this video Again, if you're new to the channel talk about how to earn money how to save money how to invest and build What and also if you're looking to get started with investing We currently recommend Weibo and so right now we was doing a promotion where you get two free stocks For just signing up and depositing a hundred dollars So definitely go check them out link in the description below and don't also forget That we were doing our own give away here for you know, this huge milestone of five thousand subscribers on the channel So all we ask is just leave a comment in this video and you are in for a chance to win Three three t-shirts that we're gonna be giving out to three lucky subscribers So if you have any questions again guys, let me know in the comment section and as always Stay motivated