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re: stock tip...FSLY

Posted on 10/14/20 at 3:08 pm to
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
453 posts
Posted on 10/14/20 at 3:08 pm to
quote:

What’s the reason for this AH crash?


I don't know but I'm loading up
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 10/14/20 at 3:08 pm to
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
453 posts
Posted on 10/14/20 at 3:09 pm to
NET with a quick drop as well
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 10/14/20 at 3:10 pm to
very great I sold at 105 avg lol

going to try to print some $91s
Posted by jangalang
Member since Dec 2014
51611 posts
Posted on 10/14/20 at 3:11 pm to
Woah!!!!

What the hell???
Posted by thejudge
Westlake, LA
Member since Sep 2009
15122 posts
Posted on 10/14/20 at 3:11 pm to
Said they cut revenue forecast
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 10/14/20 at 3:12 pm to
my $91.05s printed
Posted by LSURN98
Jupiter
Member since Oct 2019
448 posts
Posted on 10/14/20 at 3:12 pm to
Ya. Just lost 20k in 3 minutes lol
Posted by AA7
Birmingham, AL
Member since Nov 2009
28447 posts
Posted on 10/14/20 at 3:12 pm to
shite, I should have waited three more hours. The joys of trading.
Posted by jangalang
Member since Dec 2014
51611 posts
Posted on 10/14/20 at 3:14 pm to
quote:

Ya. Just lost 20k in 3 minutes lol

I ain’t gonna bitch about being down 800 bucks then. RIP
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 10/14/20 at 3:15 pm to
Holy shite. So glad I sold.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 10/14/20 at 3:16 pm to

FSLY : Fastly tumbles 30% after cutting guidance • 4:10 PM

Q3 revenue is now seen at $70M-$71M vs. $73.5M-$75.5M previously.
CEO Joshua Bixby: "The current global environment has in some ways fueled our business, but has also created areas of uncertainty."
FSLY -30% after hours
Posted by cgrand
HAMMOND
Member since Oct 2009
47113 posts
Posted on 10/14/20 at 3:17 pm to
frick

quote:

- Due to the impacts of the uncertain geopolitical environment, usage of Fastly’s platform by its previously disclosed largest customer did not meet expectations, resulting in a corresponding significant reduction in revenue from this customer.


tiktok
Posted by PillPusher
Gulf Coast
Member since Oct 2009
5926 posts
Posted on 10/14/20 at 3:20 pm to
That one’s gonna sting a little.
Posted by itsbigmikey
NASHVILLE
Member since Aug 2018
453 posts
Posted on 10/14/20 at 3:20 pm to
In it for the long haul so this is a blessing if you're not just a trader IMO. Scrounging up some more cash and increasing my position
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 10/14/20 at 3:21 pm to
seem like a pretty dramatic drop for barely missing
Posted by LSURN98
Jupiter
Member since Oct 2019
448 posts
Posted on 10/14/20 at 3:22 pm to
Yeah been hanging on to 500 shares. To be fair, my avg pp was mid 30’s, so it’s been very good to me thus far. Will continue to grow I believe. So sick of this tiktok bullshite
Posted by Tigerfan56
Member since May 2010
10526 posts
Posted on 10/14/20 at 3:24 pm to
I guess I don’t see how this would cause such a drastic crash? TikTok usage was down in Q3 but with Trump done with the TikTok fiasco - shouldn’t Q3 be a blip long term? What am I missing here?
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 10/14/20 at 3:25 pm to
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Fastly, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of October 26, 2020 - FSLY

Newsfile•October 14, 2020

New York, New York--(Newsfile Corp. - October 14, 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. (NYSE: FSLY) ("Fastly") 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.
Posted by LSURN98
Jupiter
Member since Oct 2019
448 posts
Posted on 10/14/20 at 3:26 pm to
Old news sir
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