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re: DOCU- docusign stock

Posted on 9/11/19 at 7:07 pm to
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 9/11/19 at 7:07 pm to
just my call, no specific analytical reason... I try to do my limit buying and selling with target numbers just to stay disciplined.
Posted by Zilla
Member since Jul 2005
10599 posts
Posted on 10/28/19 at 10:14 am to
Im in for a few hundred at $42
Posted by Jag_Warrior
Virginia
Member since May 2015
4078 posts
Posted on 10/29/19 at 4:13 pm to
ZS is one that I’ve followed for months. It’s been one of my best options underlyings this year. I’ve traded above it, below it and around it... but never actually owned the stock. It’s supposed to report earnings on 12/4 or thereabouts. Ever considered selling a put option on stocks that you want to buy at a specific price? Right now you could bank about $200/contract (100 shares) for the 12/6 $39 put.

If it doesn’t get down to 39, you keep the $200. If it does, you own the stock at 39 and you still keep the 200... making your cost basis about $37/share.

Not saying that you should do that. But since you mentioned setting below market price targets, just thought that I’d throw that out there.
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 6/15/20 at 11:06 am to
Any new opinions on the one? It’s absolutely exploded with COVID. I’m struggling a bit with how to justify the current market cap with future projections. Can anyone provide optimistic commentary on why this thing is going to keep going higher?
Posted by IM4LSUTIGERS
Member since Dec 2006
974 posts
Posted on 6/15/20 at 11:24 am to
I have long positions in both ADBE & DOCU. Some analysts are saying DOCU is presently a little "overbought". I plan to continue my positions in both stocks - DOCU is clearly leading this tech now & potential for continued growth.
Posted by cgrand
HAMMOND
Member since Oct 2009
38620 posts
Posted on 6/15/20 at 11:35 am to
don’t listen to the overbought/over extended bullshite on growth stocks. They are expensive because they are growing and the they are growing because revenues are exploding

buy the stocks that are growing and ignore the price
Posted by cgrand
HAMMOND
Member since Oct 2009
38620 posts
Posted on 6/15/20 at 11:39 am to
look at today

my expensive stocks that have been trading at highs are up 10%, 8% and 9% respectively. You own enough shares and days like today will make you rich

TTD, DOCU, OKTA, TDOC, FSLY, NET, DDOG, DCXM, etc etc
pick one or two or all, close your eyes, and click buy
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/15/20 at 3:13 pm to
I just got in today, hopefully didn’t jinx the stock. My thought on why this is a good price is the fact that all companies are going to be looking for docusign on all future signatures due to Covid.

Docusign has been leading the way when it comes to electronically signing something.
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 6/15/20 at 4:28 pm to
I get that everyone will be using them in the future but this seems like a very low cost activity that happens billions of times in a year. I have to imagine the costs will continue to decline as companies build in their own authentication tools. If they had 100% market share, how much revenue could they generate? Are there ties to higher revenue streams from this activity? I just struggle to think this market is 10s of billlions of dollars.
This post was edited on 6/15/20 at 5:17 pm
Posted by LSUregit
Member since Dec 2013
1620 posts
Posted on 6/15/20 at 5:07 pm to
Been long for a while. DOCU entering the Nasdaq 100 will only continue the uptrend.
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/15/20 at 5:49 pm to
My company personally uses them and they seem to have a good business model. You pretty much purchase x amount of signatures at a certain price per signature (I.E. 2000 signatures @ 4.99 per signature).

I’m not saying that this is going to be the Apple of signature authentication but at the same time, the impact of Covid is going to do nothing but increase the value of the company.

Another pro of this company is that they have multiple other software platforms that they tie into. I work for a GC in project management in which they integrate into our project management software which streamlines our workflow and makes it extremely efficient.
Posted by leoj
Member since Nov 2010
3106 posts
Posted on 6/15/20 at 6:24 pm to
They estimate they have 1% of their TAM right now. And they are adding AI capabilities to create and monitor agreements and their lifecycle. This company is going to kill it over the next 5-10 years.
Posted by C
Houston
Member since Dec 2007
27816 posts
Posted on 6/15/20 at 7:18 pm to
quote:

2000 signatures @ 4.99 per signature


Holy frick! I had no idea it was that expensive. I was expecting a dollar tops. Is that per document or per signature on the document?
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/15/20 at 7:22 pm to
It is per document that requires a signature(s) I believe. The more signatures you buy though, the cheaper it is.
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26573 posts
Posted on 6/15/20 at 7:45 pm to
I genuinely believe that DocuSign will be a $1,000 stock within 5 years.
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41495 posts
Posted on 6/16/20 at 4:09 am to
More and more insurance sales are moving to telesales and therefore more and more signatures are being collected via DocuSign. The company is going to grow a lot long term.
Posted by leoj
Member since Nov 2010
3106 posts
Posted on 6/17/20 at 9:06 am to
If they continue to execute and grow the additional revenue opportunities, yes very possible. It’s going to be one of those stocks you brag about getting in early on for sure.
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