DBX - as I scoped around on youtube. Lots of people considering this as a good value play with over 30% of margin of safety
Thesis is this is a beaten down stock and is being disrespected and ignored. Massive rounding bottom is forming here.
Solid balance sheet
High margin business
Fantastic revenue model
Undervalued with respect to market cap, cash on balance sheet, gross margin is super high
Still growing revenue double digits
Management team is superb and is friends with the big players in big tech
Even if they aren't meeting expectations, this is a prime take out candidate for acquisition - buy them for pennies on the dollar - just like slack technologies
They're profitable and generating lots of free cash flow, ability to buy back shares and reward shareholders over time
I'll be buying some OTM leaps
Jan 2023 22$ strike leaps for 6.50$ x 15 contracts to start my position
Jan 2022 I'll also be selling 20$ puts for 3.5$ x 5 contracts and then selling the 25$ put strikes x 10 contracts for 6.75$
DBX
I have over 700 days for this stock to move a few dollars in my favour to break even. This one is a sit and wait for long time as management turns the company around. Maybe get bought out for 2-3x their current share price
Thesis is this is a beaten down stock and is being disrespected and ignored. Massive rounding bottom is forming here.
Solid balance sheet
High margin business
Fantastic revenue model
Undervalued with respect to market cap, cash on balance sheet, gross margin is super high
Still growing revenue double digits
Management team is superb and is friends with the big players in big tech
Even if they aren't meeting expectations, this is a prime take out candidate for acquisition - buy them for pennies on the dollar - just like slack technologies
They're profitable and generating lots of free cash flow, ability to buy back shares and reward shareholders over time
I'll be buying some OTM leaps
Jan 2023 22$ strike leaps for 6.50$ x 15 contracts to start my position
Jan 2022 I'll also be selling 20$ puts for 3.5$ x 5 contracts and then selling the 25$ put strikes x 10 contracts for 6.75$
DBX
I have over 700 days for this stock to move a few dollars in my favour to break even. This one is a sit and wait for long time as management turns the company around. Maybe get bought out for 2-3x their current share price