@FinFluentialx Agreed but it’s the difference between it being a $450 PT and a $700 6 months from now
And if they miss earnings again at some point everyone is gonna freak out. One reason is it’s a misunderstood busines, confidence is easily damaged
@RetiredLifeNC@Gubloinvestor Was also a company under the water, negative ebitda/revenue and now it’s got the best financial numbers in the entire S&P just was being priced for extraordinary growth and had a slight earnings miss. It 100% deserves to trade between $300-$400. Earnings reports will guide it
@Errecck I’ll be interested under $26, aggressive buy around $22. But even then I’d be buying a company I don’t believe in. Buying a brand that had a reputation 15 years ago.
@OfcMarshmallow@NotA_Bull My thoughts too. And honestly not convinced a there will be a recession but possibly recession-like effects. While gdp may remain healthy I think that the economy is exponentially growing K-shaped and less resilient for the middle class.
@hajiyev_rashad Again I’m glad someone believes that 🤣 I’ve bought some here but expect next tranche to buy around low $50s, might even see $47-$48
If it goes lower I’ll be surprised but give it a few weeks it looks like it’ll break through $60 when it does it’ll test $55-$56 quick.
@davey_juice The owners of grid and transmission lines/stations has always seemed like the #1 moat to me. But here in the US many of them are regulated, income is capped and audited heavily. But they operate a legal monopoly so not publically tradable, they just issue bonds.
@aegoncap I probably won’t be alone. I’d be selling into momentum and grabbing it again lower. Haven’t seen signs of a rebound, more than likely goes down another $15 before it climbs back any. It dropped 5% on a day all other ad-tech was up and nasdaq was up 1.2%. Bull sentiment is down
@jpigeondove@davey_juice I personally bought this one, but could buy any of them much further out if you’re interested in a longer horizon. They’re a steal currently and great way to double/triple the shares you can profit from.
@jpigeondove@davey_juice I just bought some deep ITM calls, they’re cheap. Even if APP just made it to $400 by any point next year I could cash in for a 30% return