re: stock tip...FSLY

here’s my issue and I have spent 18 months learning everything I could about this company. When the outage happened, bixby came out and said how responsive the customers were to the quick fix of the outage and how upfront they were about it

outages happen...it’s happened to akamai, cloudflare, AWS, etc. it’s inevitable. So today in the call bixby says they have lost a top 10 client and are having trouble getting other clients fully back on board. How is this possible?

His clients don’t trust him that’s why. This is gross mismanagement and a fireable offense. They’ve treated shareholders with disdain and they’ve totally bungled the signal sciences buyout.

I’ll get back in when he’s fired and not before then

To say I’m disappointed is a galactic understatement. None of this had to happen

I bought this at $70 and it's now lost half the value. When do I cut ship? I hate to be reactive after the earnings, but is this on the way back to the $20s?

ETA wrong thread

i'm legit depressed about this...
at one point i was up 300%+ (i did take some off and book profits)but i realize i was fortunate with a 29 cost basis

i didnt lose any money and i'm sad for those of you who did. what a bummer

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We rallying, folks.

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Yea I’m not giving up yet. It will probably stay depressed until some major changes or shake up happens, but the technology is there to really be special. I’m fine if this thing hangs around the high $30 range until they can get their shite together from an operational standpoint.

Couple things that could help:
- CEO change (get the current one out ASAP)
- M&A activity - either through a full on buyout or FSLY merging with a similar competitor to increase operational synergies

I’m going to continue to hold unless there is a continued downward trend back into the mid $20’s. Really hoping this thing finds some short term support at or near $39/40.

Cmlviz picked the wrong winner. It was NET

FSLY have yourself a day fella! I'm not seeing any specific news for this almost 8% jump. Maybe I'm not looking hard enough though.

Is it time to get back in?

So is FSLY back?? Up close to 30% in the last 10 trading days.

News today - "FSLY shares are trading higher as the company was granted a US patent titled 'Load balancing across origin servers."

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Not gonna lie said i would never buy this again after taking that big hit earlier in the year but i'm back in as of this morning

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Reviewing all my buy orders, they are all over the place. Bought as low as $31 and as high as $79 over the past 17 months. This thing finally back to right at my average cost of $49.79. Feels like I’ve been holding forever. If it breaks $50 I may reduce my position as I’m not as confident as I was on earlier buys, specifically around the company management, not so much their product.