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Oct 22, 2020 4:46 AM

CRSR - Strong revenue and tech based IPO, What Is Happening? Long

Corsair Gaming, Inc.NASDAQ

Description

CRSR - (CORSAIR GAMING) Word on the street is high quality products, a variety to choose from in high demand and great customer service. Interestingly strong financials...over time, undervalued at $18? Trying to stay unbiased but this IPO went unnoticed I think.........

Technically a double gap on the daily? Would love some insight into this setup within the comments? (When will these gaps be filled? Ever? Not important due to early IPO chaos?)

Looking for a $30-$34 target, may settle in the meantime for another good re-entry opportunity, but in short order reaching target.

Ideas welcome thx.
Comments
Explici_Gains
My thesis is that when the stimulus talk is over we either see 2 thing with these new tech ipo's

A: we fill those gaps and bounce
B: We take off breaking higher highs

My long term target for corsair is $60
you may ask why?

well Corsair has been in the gaming industry for a while, it has proven to provide products that have high quality and also provides great technology design patents for their keyboards headphones and mouses.
lets not forget corsair also own's other products that bring our P/E value up.

Long term Corsair is a great investment
options is another question for this company since we really cant track its behavior due to the age of the IPO
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