FSLY thoughts

Paging cgrand

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Paging cgrand

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Uuuugghhh, no! Every stock that dude swore on went belly up hard!

It was hard not to be viewed as a trading guru between April 2020 - Feb 2021. Everything went up exponentially.

FSLY, LVGO/TDOC, NVTA, SE, ETSY, DOCU, PINS, etc. All of them came crashing down hard. I know after I recommended some stocks and they crashed in 2022, it was embarrassing and crushing to talk to those same people about the market. I don’t give advice to family and friends as much anymore, because people truly will start a position off of my exuberance without doing due diligence.

I’ve cost my BIL a lot of $$$ on AUPH after the big spike in October 2021, HGEN around August same year, and TELL in September 2022.

Only stock I have recommended to him this year was ORGN.

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I wish Cgrand would come back. I made money on most of his recommendations. Traded FSLY and came out making money. I enjoyed his thoughts.

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Same. I stayed in FSLY stubbornly though. I'm actually pretty thrilled recently as I bought my cost down over the past year to $19.8/share. I ended up putting way more money than I wanted to in order to get that average down though. Not my typical strategy.

If FSLY hits $20 any time soon I'm selling it all

Friend,

FSLY has been my worst investment in terms of loss in my life. Im averaged at $95 and have lost about $15k on it. Mother is still upset at me for not selling sooner. “Why didn’t you buy more Dillard’s stock?” she say every time the topic is broached.

Yours,
TulaneLSU

Nice beat today. Jumped +20%

I’m only down like 70% now

I sold about 75% of my holdings for a small profit at $20.25. I put in a sell order when it was around $19 thinking that wouldn’t hit, and then I got a notification it did.

I’ve still got about 230 shares and roughly $3K invested in case we get a nice little uptrend with the earnings and outlook positivity.

Amazing what patience (or was it stubbornness) did with this one

Yep. We had basically the same situation and strategy except my starting point was in the high 50’s. I caught the falling knife all the way down to $8/share and then rode it back up!

Glad to be mostly out though (considering the large $$ I had tied up in this stock before today). The 200’ish shares I have remaining were all bought more recently so the average cost is $13.3. I feel like I’m in good shape to maybe double my money there.

Yep, enjoying the gain on my remaining shares.