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Posted on 9/27/20 at 1:47 pm to cgrand
okay dude.. I'm praying for trump ban and then 10% drop so my buy orders print
Posted on 9/27/20 at 2:31 pm to Mr Perfect
So you can buy 2 more Tesla shares
Posted on 9/27/20 at 7:56 pm to SDVTiger
Judge blocked the ban temporarily
Posted on 9/28/20 at 10:53 am to xxTIMMYxx
Is there any worry about this lawsuit?
Posted on 9/29/20 at 9:09 am to xxTIMMYxx
Apparently not this morning
Posted on 9/29/20 at 11:49 am to MrJimBeam
I'm already in FSLY at 40, 75, and 85... Hoping to find another entry point soon... this is not what I wanted to see today
Posted on 9/29/20 at 12:40 pm to RTN
quote:
The Trump administration “likely” exceeded its legal authority with its order to ban TikTok downloads in the U.S. and impose other restrictions on the video-sharing platform, a federal judge wrote in a legal opinion disclosed Monday.
Unpacking the decision: U.S. District Court Judge Carl Nichols said that while President Donald Trump has “broad” authority to declare national emergencies and prohibit business dealings with foreign entities that pose a national security risk, TikTok appears to be exempt from such action as a “personal communication” service that oversees “informational materials.”
Posted on 10/1/20 at 10:29 am to cgrand
Things are popping today. Yahoo article:
Link to Story
Link to Story
quote:
1. Fastly
Fastly's (NYSE:FSLY) shares currently trade at 714 times expected earnings. That's not a typo. You might think there's no way that Fastly could be viewed as anything but ridiculously overpriced with such a sky-high forward earnings multiple, but it's important to look at the big picture.
:fingerscrossed:
For one thing, Fastly doesn't generate any earnings yet. Wall Street expects the company to eke out an adjusted profit in 2021, though. Using the forward P/E to gauge Fastly's valuation at this point is futile.
But what about Fastly's P/S multiple of 37? That's certainly a nosebleed level, right? It would be in most cases. However, Fastly's revenue is on track to grow by roughly 50% year over year in 2020. That growth rate puts the company's high P/S multiple in a different light.
Perhaps the most critical factor to assess, though, is Fastly's potential market. The company ranks as a leader in content delivery networks (CDNs) and edge computing, both of which speed up the delivery of apps and data over the cloud to users. Together, CDNs and edge computing give Fastly a current total addressable market of over $35 billion. That market continues to grow rapidly. If Fastly can keep attracting new customers (and I think it will), its current market cap of around $9 billion could be just a drop in the bucket compared to what it could be in the future.
This post was edited on 10/1/20 at 10:31 am
Posted on 10/1/20 at 1:55 pm to cgrand
We riding. HAL down bigly, but FSLY taking up the slack
Posted on 10/1/20 at 9:02 pm to cgrand
Let’s clear 100 with conviction
Posted on 10/2/20 at 11:44 am to LSUtoOmaha
That was a fun ride today. Not that I sold any shares.
Posted on 10/2/20 at 1:23 pm to deaconjones35
This stock is an absolute mess
Posted on 10/2/20 at 1:57 pm to LSUtoOmaha
quote:
This stock is an absolute mess
How so?
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