re: stock tip...FSLY

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They’re blaming this one on CenturyLink

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Yeah that’s a pretty bad defense

Could be them.

I am assuming they are tied into the old Level 3 fiber backbones which majority of US traffic runs through, they were bought by centurylink a few years back.

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Yeah that’s a pretty bad defense

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but very likely.

Looks like Chinese government trying to play chicken with Trump. FSLY paying the price this morning.

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However, even though TikTok has selected a bidder, the deal could be slowed down by the Chinese government, which updated its technology export list on Friday to include artificial intelligence technology used by TikTok. TikTok's Chinese parent company, Bytedance, said in a statement over the weekend that it would need a license from the Chinese government before it can sell to a U.S. company.

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So, am I to take from that that a preliminary deal has been reached with Microsoft/ Oracle, but the Chinese government wants to take its pound of flesh? Is there any timeframe mentioned for Bytedance to have the deal approved?

I bought more MSFT and WMT in anticipation this morning. I am banking on the deal going through. We will see what happens.

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Looks like Chinese government trying to play chicken with Trump. FSLY paying the price this morning.

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This probably isn't helping matters...



SHAREHOLDER ALERT: Levi
11:27 AM ET 8/31/20 | Dow Jones


New York, New York--(Newsfile Corp. - August 31, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of Fastly, Inc. ("Fastly") (NYSE: FSLY) between May 6, 2020 and August 5, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Northern District of California. To get more information go to:

LINK

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

The complaint alleges that throughout the class period Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Fastly's largest customer was ByteDance, operator of TikTok, which was known to have serious security risks and was under intense scrutiny by U.S. officials; (2) there was a material risk that Fastly's business would be adversely impacted should any adverse actions be taken against ByteDance or TikTok by the U.S. government; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you suffered a loss in Fastly you have until October 26, 2020 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a nationally recognized firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

stuck at 90 and in a holding pattern.
this is IMO a $10 penalty pending tiktok sales news, which is way, way too much