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re: stock tip...FSLY

Posted on 10/23/20 at 8:27 am to
Posted by cgrand
HAMMOND
Member since Oct 2009
38750 posts
Posted on 10/23/20 at 8:27 am to
piper Sandler downgraded to underperform 65 PT.
it appears that tiktok is either no longer using FSLY or they are moving quickly in that direction

there is risk here in the short term that should not be ignored.
for the first time since I bought in may im going to put a stop on my shares

critical support is near 74-75. If it breaks down below that it could fall quickly. We already know earnings won’t be good

I have a sell order at 70 and a buy order at 65
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 10/23/20 at 8:33 am to
quote:

print at $75.55.


got it
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 10/23/20 at 8:37 am to
Man, this is wild to watch.
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 10/23/20 at 8:38 am to
yea f this.. sold at $73.93
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/23/20 at 8:39 am to
Posted by bricksandstones
Member since Nov 2015
1584 posts
Posted on 10/23/20 at 8:45 am to
Ouch. Another lesson learned the hard way about the options game and the danger of selling puts.
Posted by rintintin
Life is Life
Member since Nov 2008
16172 posts
Posted on 10/23/20 at 8:51 am to
Look out below if it doesn't hold the 70's.

If you're in this for the long haul, you should be all:




Posted by AA7
Birmingham, AL
Member since Nov 2009
26694 posts
Posted on 10/23/20 at 8:55 am to
Holding on for now at 74. Not sure it can keep it up though.
Posted by Tigers4life
The great US of A
Member since May 2004
1865 posts
Posted on 10/23/20 at 8:55 am to
quote:

piper Sandler downgraded to underperform 65 PT.


quote:

I will get interested if it hits $66


Said this 2 days ago but we will soon see.
Posted by cgrand
HAMMOND
Member since Oct 2009
38750 posts
Posted on 10/23/20 at 9:15 am to
good bounce off 73 support
let’s see what happens
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 10/23/20 at 9:24 am to
so it holds the $74-76 line and then what?

that why I'm out bud. not seeing big gains for awhile on this until the tiktok dust settles
This post was edited on 10/23/20 at 9:25 am
Posted by rintintin
Life is Life
Member since Nov 2008
16172 posts
Posted on 10/23/20 at 9:35 am to
Hard to say but IMO hopefully some sideways action for a while.

You are probably right about no big gains anytime soon, but a stock like this when it does move, it moves fast. I'm not going to try and pick tops and bottoms.
Posted by cgrand
HAMMOND
Member since Oct 2009
38750 posts
Posted on 10/23/20 at 9:40 am to
quote:

You are probably right about no big gains anytime soon, but a stock like this when it does move, it moves fast. I'm not going to try and pick tops and bottoms.

parabolic

its is on management now to deliver an earnings call that is honest, answers the questions the market has, and allows the market to properly value the company. i'd expect quite a bit of violence in the chart until they do
Posted by Mr Perfect
Member since Mar 2010
17836 posts
Posted on 10/23/20 at 9:41 am to
okay dudes..gl to everyone on fsly. I'll be watching and hoping for $$$ for everyone here
Posted by Jag_Warrior
Virginia
Member since May 2015
4086 posts
Posted on 10/23/20 at 9:44 am to
quote:

Ouch. Another lesson learned the hard way about the options game and the danger of selling puts


Unless it’s a stock that you’re content to own at a specific price, best to do short put spreads. That way, your max loss and risk is defined.
Posted by jangalang
Member since Dec 2014
36458 posts
Posted on 10/23/20 at 12:20 pm to
I’m a bag holder now. Maybe Fastly can keep us newfound bag holders entertained with a 2 cent dividend or a picture movie.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14450 posts
Posted on 10/23/20 at 2:06 pm to
quote:

I’m a bag holder now. Maybe Fastly can keep us newfound bag holders entertained with a 2 cent dividend or a picture movie.

I'm in and bought more at 90
Posted by AA7
Birmingham, AL
Member since Nov 2009
26694 posts
Posted on 10/26/20 at 10:29 am to
Still managing to hold on at 74. Not sure how much longer it will be able to without some type of good news.
Posted by cgrand
HAMMOND
Member since Oct 2009
38750 posts
Posted on 10/27/20 at 8:37 am to
nice open
Posted by AA7
Birmingham, AL
Member since Nov 2009
26694 posts
Posted on 10/27/20 at 8:45 am to
Nice volume in the first 15 minutes
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