@amitisinvesting Did he sell the bottom? Impossible to know in real time, but classic the last big levered holder gets cleaned out near the local lows of a crowded theme, then the market stabilizes or rebounds once that supply is absorbed by a deep-pocketed buyer (Citadel).
Analysts once compared $SNOW to $PLTR, which now highlights how wrong the consensus was.
Years later, $SNOW still trades well below its IPO price and far from COVID highs.
The stock never really took off despite massive FinTwit hype.
Failing to ride the AI wave has been especially disappointing.
@sachinvats@Sumeet2692@propulsionpoint Aligning performance incentives strictly to alpha (only above the benchmark) makes a lot of sense and feels much fairer than the standard setup.
It's refreshing to see that ethical stance in today's environment. All the best.
@sachinvats@Chi_w_wong A potential 30-40% S&P upside, supported by superior earnings, post-Covid growth, anticipated rate cuts, and strong macro tailwinds like robust consumer spending and easing monetary policies.
Since We're in price discovery mode post-ATH break, short interest <10%fueling +ives triple-beat earnings to gains, not sell offs. may consolidate $26-28 by Oct, then rally to $32 by Nov (15% Nov growth per forecasts), $35 EOY on upgrades (Mizuho/Needham) - no financial advice.
Low risk of 30% pullback ~$19.70 from $28, more likely 10-15% dip to $24-25 support if Q3 earnings (Oct 2025) show any uptick. But with Fed cuts, this becomes a buy-the-dip setup - demand for personal/home loans surges 20-30%.