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re: stock tip...FSLY

Posted on 10/29/20 at 3:04 pm to
Posted by FLObserver
Jacksonville
Member since Nov 2005
14439 posts
Posted on 10/29/20 at 3:04 pm to
starting to think i maybe a bag holder on this one for a while
Posted by skewbs
Member since Apr 2008
2000 posts
Posted on 10/29/20 at 5:30 pm to
CEO just killed it in Mad Money with Jim Cramer. I realize it’s his job to ‘sell’ the company but his talking points were enlightening. Everything goes back to being the leading innovators in the space, customer relationships, and building the future.

It’s looking bright in my opinion. Some road blocks as they are growing (even outside of TikTok). You have to be thinking long with this stock and any buy at these levels will look like a steal 5 years from now.
Posted by leoj
Member since Nov 2010
3106 posts
Posted on 10/29/20 at 6:24 pm to
There’s no support until 50. So technically this is very weak, as is the whole market. That being said, this is just a huge buying opportunity. The growth potential over the next 5 years for this company is massive.
Posted by rintintin
Life is Life
Member since Nov 2008
16157 posts
Posted on 10/29/20 at 6:47 pm to
Pass your bag over to me, I'll hold it for you .
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26575 posts
Posted on 10/29/20 at 7:55 pm to
I wouldn't mind It going to $50 in a type of panic sell
Posted by Tigers4life
The great US of A
Member since May 2004
1865 posts
Posted on 10/29/20 at 8:18 pm to
quote:

There’s no support until 50.


Why did it support twice at 66s? There is something there that you can't see. Not saying it will hold but it will need to lose 66 first and like you posted... the overall markets are on shaky ground right now.
This post was edited on 10/29/20 at 8:29 pm
Posted by cmlsu
Baton Rouge, LA
Member since Aug 2011
659 posts
Posted on 10/29/20 at 8:59 pm to
quote:


starting to think i maybe a bag holder on this one for a while


No worries....it’s gonna turn into a multibagger for us!
Posted by FLObserver
Jacksonville
Member since Nov 2005
14439 posts
Posted on 10/30/20 at 3:42 am to
quote:

Pass your bag over to me, I'll hold it for you

At this point i aint selling
Posted by MrJimBeam
Member since Apr 2009
12257 posts
Posted on 10/30/20 at 8:36 am to
Can’t help myself and keep loading up on more fastly
Posted by leoj
Member since Nov 2010
3106 posts
Posted on 10/30/20 at 9:01 am to
Long term support, not intraday. The previous run up was from 50 to 81, support at 69 the next day. Regardless, once it bases and sets up some new support and we shake out the weak hands, this will continue to be a company you want to be invested in, period. Just tough times on the portfolio management side, if you don’t want to actively trade and have patience just leave it in your account and check back in 3-5 years, I think you will really like what you see.
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7351 posts
Posted on 10/30/20 at 9:22 am to
The 200 day SMA is around $55. Important support point.
Posted by rintintin
Life is Life
Member since Nov 2008
16157 posts
Posted on 10/30/20 at 10:06 am to
quote:

The 200 day SMA is around $55. Important support point.


I was just coming here to post I think it has a date with its 200 SMA.

In other news, I'm officially negative in FSLY now

But honestly, I've been wanting a pullback. My position wasn't large and I've been wanting to add. I added about 30% to my position.
Posted by jimjackandjose
Member since Jun 2011
6496 posts
Posted on 10/30/20 at 10:09 am to
Yea I may wait and buy on the next upswing
Posted by yellowhammer2098
New Orleans, LA
Member since Mar 2013
3850 posts
Posted on 10/30/20 at 10:10 am to
Pulled the trigger on some at around $63. Will add more if it drops into the mid $50s
Posted by FLObserver
Jacksonville
Member since Nov 2005
14439 posts
Posted on 10/30/20 at 10:35 am to
gonna wait till this thing finally builds a bottom and buy some shares to avg down . It is not pretty right now on this stock or if were being honest none of my stocks.
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9801 posts
Posted on 10/30/20 at 11:03 am to
Yeah, it’s a bloodbath today.
Posted by cgrand
HAMMOND
Member since Oct 2009
38651 posts
Posted on 10/30/20 at 11:09 am to
i am scraping together some cash now.
if it gets to 50 or close, i'm buying as much as i can. i may even close other positions to do so
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9801 posts
Posted on 10/30/20 at 11:23 am to
Can’t argue with that.
Posted by skewbs
Member since Apr 2008
2000 posts
Posted on 10/30/20 at 12:04 pm to
quote:

Yeah, it’s a bloodbath today


To be fair, it's been a bloodbath almost everywhere this entire week. View it as a blip on the radar if you are long.
Posted by cgrand
HAMMOND
Member since Oct 2009
38651 posts
Posted on 10/31/20 at 2:28 pm to
CML one on one with FSLY CEO released today is a must read if you subscribe. Much clarity on the Q3 issues
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