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Zilla
LSU Fan
Member since Jul 2005
10460 posts

re: DOCU- docusign stock
just my call, no specific analytical reason... I try to do my limit buying and selling with target numbers just to stay disciplined.


Zilla
LSU Fan
Member since Jul 2005
10460 posts

re: DOCU- docusign stock
Im in for a few hundred at $42


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Jag_Warrior
Virginia Fan
Virginia
Member since May 2015
1739 posts

re: DOCU- docusign stock
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.


C
Atlanta Falcons Fan
Houston
Member since Dec 2007
26434 posts

re: DOCU- docusign stock
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?


IM4LSUTIGERS
LSU Fan
Member since Dec 2006
810 posts

re: DOCU- docusign stock
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.


cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
23125 posts

re: DOCU- docusign stock
don’t listen to the overbought/over extended bull shite 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


cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
23125 posts

re: DOCU- docusign stock
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


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ColoradoTiger1987
Denver
Member since Jan 2019
354 posts

re: DOCU- docusign stock
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.


C
Atlanta Falcons Fan
Houston
Member since Dec 2007
26434 posts

re: DOCU- docusign stock
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 at 5:17 pm


LSUregit
LSU Fan
Member since Dec 2013
1388 posts

re: DOCU- docusign stock
Been long for a while. DOCU entering the Nasdaq 100 will only continue the uptrend.


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ColoradoTiger1987
Denver
Member since Jan 2019
354 posts

re: DOCU- docusign stock
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.


leoj
Texas A&M Fan
Member since Nov 2010
3053 posts

re: DOCU- docusign stock
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.


C
Atlanta Falcons Fan
Houston
Member since Dec 2007
26434 posts

re: DOCU- docusign stock
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?


ColoradoTiger1987
Denver
Member since Jan 2019
354 posts

re: DOCU- docusign stock
It is per document that requires a signature(s) I believe. The more signatures you buy though, the cheaper it is.


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LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
25376 posts

re: DOCU- docusign stock
I genuinely believe that DocuSign will be a $1,000 stock within 5 years.


TDsngumbo
LSU Fan
Member since Oct 2011
24986 posts

re: DOCU- docusign stock
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.


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leoj
Texas A&M Fan
Member since Nov 2010
3053 posts

re: DOCU- docusign stock
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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