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Sanrith Descartes

Sanrith Descartes

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All joking aside, why i pulled a quick trigger on DOCU. I obviously have an understanding of the product being in business. $180 was a line of support that extends back all the way back to 7/2020. It has almost 18 months of a trough line between $180 and $190. I set my order at $180 in the after hours trading after watching the size of orders on the buy and sell side and getting a feel for the flow direction. I felt $180 would hold after a dip below followed by a recovery. I still believe $180 is a good price based on the charts. This drop also mirrors the 30% drop it experienced in 9/2020.

tldr: This wasn't just a dart toss. It still may not work out for me but I like the setup with a possible Xmas rally now that we have kicked the can on the funding CR.

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Sanrith Descartes

Sanrith Descartes

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Huge miss on jobs. Everyone knows what happens when we miss on jobs numbers...

Elon Musk Reaction GIF by Saturday Night Live



 
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Sanrith Descartes

Sanrith Descartes

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Let the numbers sink in. Quarterly revenue estimate was 4% below "estimates" (using the worst case of 557m vs 575m). Annual guidance actually met expectation. So is a 30% drop of share price the correct response to missing quarterly revenue estimates by 4%?

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Furry

Furry

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Sanrith Descartes said:
Let the numbers sink in. Quarterly revenue estimate was 4% below "estimates" (using the worst case of 557m vs 575m). Annual guidance actually met expectation. So is a 30% drop of share price the correct response to missing quarterly revenue estimates by 4%?

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Applying logic to my stock markets? What are you a time traveler from Jan 2020?
 
T

Tirant

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Jumped in DOCU at 150 as well. Had some in the 50s pre covid crash and sold out at like 200 early in the year so missed the run to 300. Happy being back in.
Any thoughts on TLT puts a few months out as an inflation hedge? The real yields (after inflation) seem insanely low. Fighting the fed is generally a bad idea I acknowledge but the tone does seem to be slowly shifting.
 
Zog

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AMD briefly fell below 145, huge buys. Think were getting to the point here where prices are too good for people to not buy.

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