re: stock tip...FSLY

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knife went right thru my hand and landed in my foot

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I was hoping it would land in my throat to end the pain.

one year chart
blue lines are potential or realized overhead resistance. note how many there are...holders at those levels (some of them anyway) will likely be looking for an exit if/when the price gets there, creating selling pressure over and over again.



for example, 3x resistance at 100. currently in 70's. when it gets to 100 again, bagholders there will sell and get out.

TLDR i think this one is over for a while as a buy now and hold stock. PLENTY of swing/day/options opportunity but unless you are in now below 60 i'd put this aside until it breaks 100 again

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PLENTY of swing/day/options opportunity

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for example...buy now at 75, start selling at 80

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You specifically mentioned $60 as your threshold for sitting tight and holding long (for now)... any issue with $66.5?

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there is zero chance you will lose money at that cost basis in the long-term. sit tight and be confident

its down today on this news:

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SAN FRANCISCO--(BUSINESS WIRE)-- Fastly, Inc. (NYSE: FSLY) (“Fastly”) today announced that it intends to offer, subject to market conditions and other factors, $750 million aggregate principal amount of Convertible Senior Notes due 2026 (the “notes”) in a private placement (the “offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Fastly also intends to grant the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $112.5 million aggregate principal amount of notes. The notes will be general unsecured obligations of Fastly and will accrue interest payable semiannually in arrears. Upon conversion, Fastly will pay cash or deliver, as the case may be, cash, shares of Fastly’s Class A common stock (the “common stock”) or a combination of cash and common stock, at its election. The interest rate, initial conversion rate and other terms of the notes will be determined at the time of pricing of the offering.

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there will be lots of this, up and down the tech and e-commerce sectors. its the right thing to do

I may have add if it dips to $70.

Down to $64.19 is it a play?

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Down to $64.19 is it a play?

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Absolutely.

I'm looking to add.

Tax return coming.

And even if we end up getting this government money shite I'm dumping all of it into this and SHOP

I think 60 work ld be the floor on this. Between 60-70 is a great opportunity to get in long term.

It's in my 401k portfolio.

I wish my 401k would allow individual stock purchases