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Started By
Message
2
Posted on 8/6/20 at 10:06 am to cgrand
Crazy it dropped 26% because of uncertainty surrounding their largest customer that makes up 12% of revenue.
Posted on 8/6/20 at 10:07 am to iknowmorethanyou
tiktok will be bought out by a US tech company.
FSLY handles tiktok data at the edge...per their earnings report about 12% of their revenue comes from tiktok, and about half of that in the US
FSLY will be fine.
whoever buys tiktok will be fine.
there is nothing to see here (except upside)
FSLY has a MAJOR new product release in beta (compute@edge) which should be rolled out this quarter
FSLY handles tiktok data at the edge...per their earnings report about 12% of their revenue comes from tiktok, and about half of that in the US
FSLY will be fine.
whoever buys tiktok will be fine.
there is nothing to see here (except upside)
FSLY has a MAJOR new product release in beta (compute@edge) which should be rolled out this quarter
Posted on 8/6/20 at 10:07 am to iknowmorethanyou
quote:
So, Tik Tok survives and FSLY thrives?
That’s the thought. Like cgrand mentioned, if they stick around it seems very likely FSLY will keep them.
Posted on 8/6/20 at 10:08 am to skewbs
Yep, I sold off a bit a couple of days ago and bought back in this am.
Posted on 8/6/20 at 10:08 am to cgrand
if you are swing trading FSLY, then fine. play the single dips. if you are investing, hold or buy more
Posted on 8/6/20 at 10:19 am to cgrand
quote:
MSFT owns github. github traffic is handled at the edge by...FSLY
Ah...I don’t understand the drastic drops then but I’ve been buying into fsly yesterday and today.
Posted on 8/6/20 at 10:39 am to cmlsu
Just bought my first bit of FSLY 45 shares @86.20
Posted on 8/6/20 at 10:41 am to dltigers3
85 filled for me. thank you bears
Posted on 8/6/20 at 10:43 am to Mr Perfect
Been buying this morning. I officially have enough of my money in this stock to be nervous but I have faith.
Posted on 8/6/20 at 10:55 am to bricksandstones
quote:
According to FT this morning, Microsoft is now exploring buying not only TikTok US, but also TikTok globally including India and Europe. This seems much more realistic than trying to just buy the US component.
Posted on 8/6/20 at 11:02 am to bricksandstones
quote:
Been buying this morning. I officially have enough of my money in this stock to be nervous but I have faith.
Yep, deciding here whether to buy more today, but then it will be more than 20% of my portfolio when it's above 100 again shortly. Choices, choices...
Posted on 8/6/20 at 11:16 am to Mr Perfect
quote:
85 filled for me. thank you bears
Considering that the low for the day (so far) has been 85.515, that’s darn good.
Posted on 8/6/20 at 11:24 am to Jag_Warrior
look at this salty sumbitch run
Posted on 8/6/20 at 11:32 am to jmcwhrter
This is what I'm thinking, if TIK TOK gets picked up by MSFT. Will fastly still be their data provider? If so, FASTLY gonna fricking jump up.
Can MSFT choose to use their own cloud computing?
Can MSFT choose to use their own cloud computing?
Posted on 8/6/20 at 11:38 am to cgrand
Thanks for the response. Would have known nothing about FSLY, if not for this thread. Even with this drop, still up 72% overall.
Posted on 8/6/20 at 11:41 am to Jag_Warrior
Bought more at 85.74 and 85.57. I was about to be salty if I bought a minute too soon.
Posted on 8/6/20 at 11:47 am to Mr Perfect
quote:Did both shares fill at that price??
85 filled for me.
Posted on 8/6/20 at 11:47 am to Jag_Warrior
ty $85.95 printed.
Posted on 8/6/20 at 11:52 am to Jag_Warrior
quote:
Considering that the low for the day (so far) has been 85.515, that’s darn good.
Whaaaat! How dare you question Mr Perfect!
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