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re: stock tip...FSLY

Posted on 8/26/20 at 12:30 pm to
Posted by Tigers4life
The great US of A
Member since May 2004
1865 posts
Posted on 8/26/20 at 12:30 pm to
Back to 92 that quick....they were just waiting on me to get out. Hopefully it tags 100+
Posted by CidCock
Member since Sep 2007
Member since Feb 2011
8631 posts
Posted on 8/26/20 at 12:36 pm to
quote:

SE 160
ROKU 160



Sold SE yesterday, but I'm finally in the green on ROKU.

Think we see a correction tomorrow; it has to be oversold, right?
Posted by thatguy777
br
Member since Feb 2007
2386 posts
Posted on 8/26/20 at 6:07 pm to
Been a ton of bullish option flow in se lately. Seems it was consolidating and now in the past week or two it has been hit with long calls hard. Prob sold at the wrong time
Posted by cgrand
HAMMOND
Member since Oct 2009
38966 posts
Posted on 8/27/20 at 7:57 am to
quote:

SAN FRANCISCO--(BUSINESS WIRE)-- Fastly, Inc. (NYSE: FSLY), provider of an edge cloud platform, today announced that it has entered into a definitive agreement to acquire Signal Sciences (“Signal Sciences”), for approximately $775 million in cash and stock. The acquisition will expand Fastly’s robust security portfolio at a time when security at the edge has never been more critical. Signal Sciences' strong, developer-first web application and API protection solutions will bolster Fastly's existing security offerings to bring customers a unified edge security solution.
Posted by cgrand
HAMMOND
Member since Oct 2009
38966 posts
Posted on 8/27/20 at 8:40 am to
buyers early
Posted by AA7
Birmingham, AL
Member since Nov 2009
26787 posts
Posted on 8/27/20 at 8:41 am to
Big time
Posted by hiltacular
NYC
Member since Jan 2011
19691 posts
Posted on 8/27/20 at 8:45 am to
I like this acquisition a lot and the fact the stock is going UP is a very good thing.
Posted by cgrand
HAMMOND
Member since Oct 2009
38966 posts
Posted on 8/27/20 at 8:52 am to
generally the acquirer goes down due to fear of dilution.
this is an interesting development

they are going right after CRWD after burying AKAM. When compute@edge is fully rolled out they are going to be a beast
Posted by Enos Burdette
Atlanta, Georgia
Member since Dec 2019
693 posts
Posted on 8/27/20 at 8:57 am to
Enos Burdette: I'm going to set an exit on FSLY today...get out like I'm doing elsewhere.

Also Enos Burdette: (price creeping toward Limit)....maybe I'll just cancel this and hang on a little while longer. See what happens.

((((cancels order furiously))))
Posted by cgrand
HAMMOND
Member since Oct 2009
38966 posts
Posted on 8/27/20 at 9:04 am to
I’m never selling this, until I need the money.
I’ve gone back and forth but part of the fun of this is picking a horse.

150 is not that far away and revenue projections support that
Posted by LSUFrosty
Member since Jan 2012
1861 posts
Posted on 8/27/20 at 9:05 am to
What's up with SE today? seems very oversold.
Posted by AA7
Birmingham, AL
Member since Nov 2009
26787 posts
Posted on 8/27/20 at 9:06 am to
The volume on FSLY has been insane the past couple days. Today has been on another level.
Posted by cgrand
HAMMOND
Member since Oct 2009
38966 posts
Posted on 8/27/20 at 9:13 am to
quote:

TikTok is nearing an agreement to sell its U.S., Canadian, Australian and New Zealand operations in a deal that could be announced as soon as next week, sources say. The deal is likely to be in the $20 billion to $30 billion range, sources say. TikTok hasn't chosen a buyer and is still negotiating with Oracle and Microsoft, sources say. Walmart had been working with SoftBank on a bid for TikTok which is seen as unlikely because there isn't a technology backbone partner for the deal.
Posted by cgrand
HAMMOND
Member since Oct 2009
38966 posts
Posted on 8/27/20 at 9:17 am to
Ophir from early august
quote:

When I spoke with Joshua, as you know, he made it clear that security is a massive market and the opportunity for $FSLY in it is vastly underappreciated. Within 4 quarters, it will be appreciated, and abundantly so.
Posted by cgrand
HAMMOND
Member since Oct 2009
38966 posts
Posted on 8/27/20 at 9:19 am to
from the press release on the acquisition
quote:

Fastly’s upcoming new security offering, called Secure@Edge will be a modern, unified web application and API security solution that will integrate with our Compute@Edge platform, and power and protect companies looking to further or begin their digital transformation."
Posted by LSUFrosty
Member since Jan 2012
1861 posts
Posted on 8/27/20 at 9:22 am to
Soooo, more 2021 long FSLY calls is what I'm hearing.
Posted by cgrand
HAMMOND
Member since Oct 2009
38966 posts
Posted on 8/27/20 at 9:27 am to
if the tiktok sale lifts the (unwarranted) cloud of suspicion off of FSLY there’s nothing keeping it below 100, IMO

that would be a nice place to settle until November
Posted by cgrand
HAMMOND
Member since Oct 2009
38966 posts
Posted on 8/27/20 at 9:44 am to
conked it’s head at 96 twice today
that looks like a hurdle to clear
Posted by Drew Orleans
Member since Mar 2010
21577 posts
Posted on 8/27/20 at 9:48 am to
Done...
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26586 posts
Posted on 8/27/20 at 9:57 am to
Let us ride!
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