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anyone else in $DDOG?

Posted on 11/20/24 at 6:03 pm
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 11/20/24 at 6:03 pm
I rode it up to 200 a couple years ago then gave it all back, sold at a loss. Bought it back at 84 and it’s been banging a ceiling at 140 for a while.

excellent earnings report last week

if it ever breaks 140 and stays there there’s no resistance above.

quote:

Datadog, Inc. is an American company that provides an observability service for cloud-scale applications, providing monitoring of servers, databases, tools, and services, through a SaaS-based data analytics platform.


what is “observability”?

quote:

In software engineering, more specifically in distributed computing, observability is the ability to collect data about programs' execution, modules' internal states, and the communication among components.[1][2] To improve observability, software engineers use a wide range of logging and tracing techniques to gather telemetry information, and tools to analyze and use it. Observability is foundational to site reliability engineering, as it is the first step in triaging a service outage. One of the goals of observability is to minimize the amount of prior knowledge needed to debug an issue.


I don’t claim to understand the majority of that but I do know that DDOGs customers include some of the biggest tech names on the planet.

the stock tends to move with other cloud stocks



This post was edited on 11/20/24 at 6:06 pm
Posted by StreamsOfWhiskey
The Woodlands, TX
Member since Jun 2013
720 posts
Posted on 11/20/24 at 6:56 pm to
I used to have a position in it but sold it a few years back. Motley Fool recommended it about four years ago.
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 11/21/24 at 8:09 am to
DDOG has broken heavy resistance at 140.
not investment advice just observation

gap above to 200

many of the former high flyers have similar charts…approaching or breaching resistance with a huge gap to highs from 20-22
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47259 posts
Posted on 11/21/24 at 8:35 am to
I have owned DDOG since just a little past its IPO as I had used its product and came away impressed. Considering it allowed businesses to use it without very little technical knowledge and its costs only scaled with business.

That being said it did seem to run a bit too quick in the 2020 boom, and its multiple sort of grew out of control. However, I think they have the best product in the space for all sizes considering the cost to get started. People in the space are already over worked and it took very little knowledge to get started.

I think growth will continue, albeit eventually at a slower pace
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 11/21/24 at 8:42 am to
agreed on all
let’s see how it does here and if it can establish a floor at 140ish.
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 11/21/24 at 3:43 pm to
finished 144-45 today and comfortably above the hard deck. that's encouraging. i may buy some more tomorrow then ignore it for 6 months;
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 11/22/24 at 1:07 pm to
someone bought 2000 july 195 calls at 7.70 today
yeesh

Posted by UltimaParadox
North Carolina
Member since Nov 2008
47259 posts
Posted on 11/22/24 at 1:23 pm to
yeah stock is running today, little surprised at this pop. Getting stretched a bit thin again, but raised guidance
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 11/22/24 at 7:46 pm to
if I’m not mistaken DDOG was still losing money back when it hit 200 in 2021. Revenues have grown 20+% per year since and now it’s profitable. I don’t think they’ve issued any new shares since then either

fundamentals seem to be more in line now

I’m definitely paying attention now after watching it move sideways for better than a year

Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 11/26/24 at 10:49 am to
quote:

f it ever breaks 140 and stays there there’s no resistance above.
support at 153 on the first digestion day after the gap up. lookin good
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 12/4/24 at 9:41 am to
165
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 12/6/24 at 11:46 am to
170
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 2/12/25 at 6:14 pm to
earnings tomorrow pre market
lets see if this can get back to the highs or will it stay in the range.
DDOG has paid very well for me so far
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 2/12/25 at 6:16 pm to
quote:

someone bought 2000 july 195 calls at 7.70 today
yeesh
those calls are now 3.55 ; OI is 3000 so they are still in
This post was edited on 2/12/25 at 6:17 pm
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 2/13/25 at 7:27 am to


beat on Q4, miss on 2025 guidance
down 10%
sad banana
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47259 posts
Posted on 2/13/25 at 11:18 pm to
I am still holding, growth has been slowing a bit. But seems to ebb and flow more than a traditional growth stock.

I think it is harder for them to predict so their guidance is usually conservative as their pricing model scales with users.
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 2/14/25 at 6:59 am to
the bear case would be that AI models eventually will build observability into the model itself, reducing the need for 3rd party contracts. it held 130-135 yesterday during the plunge...140 might be the number. i am setting a sell order at 150 and a stop at 130
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 2/14/25 at 7:02 am to
quote:

someone bought 2000 july 195 calls at 7.70 today
yeesh

those calls are now 3.55 ; OI is 3000 so they are still in

now 1.30 good god
Posted by cgrand
HAMMOND
Member since Oct 2009
43164 posts
Posted on 2/14/25 at 2:29 pm to
quote:

and a stop at 130
stopped out this morning. good money up from 84 cost
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