Correct, it's a broken stock not a broken company.
juliony
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missed the IPO, waiting for a drop.
LauriElias
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Looks like no amount of FUD will present me an opportunity on this one.
basedstickman
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The stock is cooling off a bit but it's going up after that. This isn't a chart .
LauriElias
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@basedstickman, just an FYI - it's worth ~40 times its YEARLY SALES. Not profit (there is none), sales. $310 million. Let's day Datadog grows 10x, I can see that happening. Maybe they'll have 3 B sales, idk, 600 million profit. (great 20% margin) It'll still be too high a valuation. I'm not saying you can't like all in twice with DDOG any be set for life, but there's a good possibility it'll fall and never reach this high again. They don't really have a 'moat' and nobody's gonna buy them for 12 B. IT exists to support businesses, and DDOG exists to support the supporters. There's only so much added value they can give. You'd be wiser walking into a casino and putting your November salary on 'red'.