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Started By
Message
re: stock tip...FSLY
Posted on 2/14/21 at 11:19 am to cgrand
Posted on 2/14/21 at 11:19 am to cgrand
quote:
Slippery. Wild mood swings.
I'll second that. I've been staring at this chart all morning and I can't seem to make up my mind. It gapped down on last two earnings only to come right back up. Choppy but like you said wild mood swings. The return on those swings make it very attractive. That mid 90s range might be the sweet spot. Will be interesting to see what it does leading up to earning.
CHART
Posted on 2/14/21 at 11:30 am to MrJimBeam
I *think* the relative pessimism out there about their 4Q earnings is a matter of fool me once/fool me twice thinking. It’s easier to be skeptical when there are bag holders vs when everyone bought in the 20,s and 30,s. the violent runs up and crashes down are symptomatic of a small company (FSLY is still tiny) and momentum trading.
also FSLYs services while state of the art are expensive and their competitors are fierce. Either compute@edge and secure@edge will be worth the expense or they won’t. We are about to find out a part of that answer
also FSLYs services while state of the art are expensive and their competitors are fierce. Either compute@edge and secure@edge will be worth the expense or they won’t. We are about to find out a part of that answer
Posted on 2/14/21 at 1:26 pm to cgrand
quote:
Activity has "increased dramatically" in the first quarter of 2020 compared with 2019, according to data analyzed by Cerulli Associates. TD Ameritrade reports that visits to its website giving instructions on trading stocks have nearly quadrupled since January.
This quote was taken from an article in Sept 2020. If we have 4,5,6 fold the investors we had last year, I have a theory there’s a much higher chance of stocks that have exploded since the pandemic to continue to do so because of perception of success these stocks have with the new audience.
What hurts this case is the dramatic drop-off after the run up of stocks like GME because it’s likely the first taste the new crowd of investors have of a stock falling off a cliff.
FSLY is in an interesting position, it’s expected to post a small loss but could see a wild swing higher if it actually posts a profit.
This post was edited on 2/15/21 at 7:54 am
Posted on 2/14/21 at 5:02 pm to bass
here’s the downlow
$FSLY Earnings this week.
Estimates
* Rev: $81.8M
* EPS: -$0.11
Next Q:
* Rev: $84.6M
* EPS: -$0.09
FY '21:
* Rev: $379M
$FSLY Earnings this week.
Estimates
* Rev: $81.8M
* EPS: -$0.11
Next Q:
* Rev: $84.6M
* EPS: -$0.09
FY '21:
* Rev: $379M
Posted on 2/14/21 at 5:40 pm to bass
quote:
FSLY is in an interesting position, it’s expected to post a small loss but could see a wild swing higher if it actually posts a profit.
I think it will show a small loss but in the long run it'll be a good one.
Posted on 2/14/21 at 8:04 pm to cgrand
didnt they already lower expectations from the last earnings? Not good if they miss on already lowered expectations. I own this but wonder what happens if they miss again? Does this give another opportunity long-term? or does it mean that this company cant meet expectations?
Posted on 2/16/21 at 8:30 am to FLObserver
all eyes on FSLY today and tomorrow
Posted on 2/16/21 at 9:16 am to cgrand
lost 100...NET is down also.
high volume
selling before earnings and you can’t really blame them.
I’m riding tight
high volume
selling before earnings and you can’t really blame them.
I’m riding tight
This post was edited on 2/16/21 at 9:18 am
Posted on 2/16/21 at 9:53 am to cgrand
two positiives here if you are bullish
selling into earnings is what “normal” stocks do.
lowered expectations set this up for a more positive earnings report reaction
remember, higher highs are nice but higher lows are more indicative of future growth
selling into earnings is what “normal” stocks do.
lowered expectations set this up for a more positive earnings report reaction
remember, higher highs are nice but higher lows are more indicative of future growth
Posted on 2/16/21 at 10:14 am to cgrand
I agree. Pulled half my position this morning first thing. Will put back after earnings
Posted on 2/16/21 at 10:28 am to thejudge
So im going to ask a beginner question. say i own 100 shares of fsly at 90 @ share and have been adding a few shares here and there the last purchase being 20 shares of fsly at 115.00 if i sell half of my shares when fastly is @ 100 . Technically i've made a profit but what happens if fsly spikes to 115 after earnings and i want to buy back now im in a wash sale territory correct? Do i have to wait 30 days to repurchase shares so no wash sale?
Posted on 2/16/21 at 10:30 am to FLObserver
Depends on what lot you sale. Generally first in first out. So those would be for a profit and not be associated with a wash sale.
Posted on 2/17/21 at 2:12 pm to PillPusher
AKAM & NET both green on this red day.
i have no idea what if anything that means re FSLY, just an observation
the more i think about it the more i think this report will be in-line with 3Q guidance (ie: loss of tiktok, add of signal science) and they will temper upside guidance for the rest of 2021 due to uncertainty with COVID (remember some of their largest customers are airlines, cruises, ticketing, etc)
i have no idea what if anything that means re FSLY, just an observation
the more i think about it the more i think this report will be in-line with 3Q guidance (ie: loss of tiktok, add of signal science) and they will temper upside guidance for the rest of 2021 due to uncertainty with COVID (remember some of their largest customers are airlines, cruises, ticketing, etc)
Posted on 2/17/21 at 2:15 pm to cgrand
Tempted to sell some otm puts on fsly. Don’t mind adding to my long
Posted on 2/17/21 at 3:07 pm to DawgCountry
lets see what happens, usually theres a run then a fall
Posted on 2/17/21 at 3:08 pm to cgrand
Yeah looks like a lot of profit taking on that run
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