Page 1
Page 1
Started By
Message

WORK stock?

Posted on 11/24/20 at 10:23 pm
Posted by Nephropidae
Brentwood
Member since Nov 2018
2386 posts
Posted on 11/24/20 at 10:23 pm
Anyone into Slack? Looking at this as a fun speculative play. Platform a mainstay in tech world. Use regularly and have seen great user enrollment among peers. Anyone else on board?
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7370 posts
Posted on 11/24/20 at 10:49 pm to
It's chart has been all over the place. How are sales/earnings doing? Is it growing quarter after quarter?
Posted by wileyjones
Member since May 2014
2297 posts
Posted on 11/25/20 at 8:38 am to
Long term (3+ years), I think Microsoft Teams will win as the default 'workspace chat app'.
Posted by LSUneaux
NOLA
Member since Mar 2014
4490 posts
Posted on 11/25/20 at 10:59 am to
Hope you bought in early this morning
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 11/25/20 at 11:00 am to
Just sold on the salesforce news
Posted by cgrand
HAMMOND
Member since Oct 2009
38785 posts
Posted on 11/25/20 at 12:39 pm to
Looking for an exit myself
If CRM doesn’t do this deal it’s going to fall right back down
Posted by jlu03
San Diego
Member since Jul 2012
3320 posts
Posted on 11/25/20 at 1:00 pm to
I was reading there could be antitirust issues with the deal so I bailed. There isn't much more upside at this point anyway so I'll lock in some profit.
Posted by cgrand
HAMMOND
Member since Oct 2009
38785 posts
Posted on 11/25/20 at 1:17 pm to
yeah I’m out at 36.50
no need for greed
Posted by cgrand
HAMMOND
Member since Oct 2009
38785 posts
Posted on 11/25/20 at 2:57 pm to
Of course now it’s over 40
LOL
Posted by thejudge
Westlake, LA
Member since Sep 2009
14061 posts
Posted on 11/25/20 at 3:37 pm to
Took my profits last week.
Posted by tiger perry
Member since Dec 2009
25668 posts
Posted on 11/25/20 at 4:18 pm to
I’m holding. Up over 11.00 per share today
Posted by Squidbaggins32
Colorado
Member since Nov 2019
76 posts
Posted on 11/26/20 at 9:51 am to
i had jan 2022 $40 calls on this that i sold yesterday without regret.

best case scenario the deal falls through but the stock stays up and goes on to pump to a stupid high PE ratio like the rest of the covid memes (ZM, etc). otherwise CRM buys it in the 40s, or it just fades back down. on to the next play...
This post was edited on 11/26/20 at 9:53 am
Posted by Nephropidae
Brentwood
Member since Nov 2018
2386 posts
Posted on 11/27/20 at 11:10 am to
dang I should have bought on my intuition on the 24th
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7370 posts
Posted on 11/29/20 at 9:36 pm to
Yeah. If your intuition gives you any new names, please let me know.

I won’t poo poo them this time around.
Posted by cgrand
HAMMOND
Member since Oct 2009
38785 posts
Posted on 12/1/20 at 3:14 pm to
quote:

Salesforce (NYSE: CRM), the global leader in CRM, and Slack Technologies, Inc. (NYSE: WORK), the most innovative enterprise communications platform, have entered into a definitive agreement under which Salesforce will acquire Slack. Under the terms of the agreement, Slack shareholders will receive $26.79 in cash and 0.0776 shares of Salesforce common stock for each Slack share, representing an enterprise value of approximately $27.7 billion based on the closing price of Salesforce’s common stock on November 30, 2020.
Posted by cgrand
HAMMOND
Member since Oct 2009
38785 posts
Posted on 12/1/20 at 3:18 pm to
current WORK price is 44
current CRM price is 233

your $44 work gets $26.79 cash + $18 worth of CRM
just about a wash
(WORK wont go any higher unless CRM does)
This post was edited on 12/1/20 at 3:20 pm
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram