WiMi Hologram Cloud Inc. ADR (WIMI) Social Stream

Featured Post From StockTwits About WIMI

$WIMI The truth about this company is that the revenue is real but does not come from holograms but their subsidiaries which includes gaming websites and snapchat advertising services. They IPO’d as a hologram co to obtain a higher multiple from western investors. They‘ve copied the design for a headset from a company called Goovis and are planning to sell it later this year as “Wimi Softlight Cinema.” They were also able to raise cash when the stock went to 27 for literally no reason and hired some hologram engineers. They might be able to come up with something but the company overall is a risky gamble.