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LauriElias
Sep 20, 2019 1:44 PM

Everyone knows this is a good buy Long

Datadog, Inc.NASDAQ

Description

That's why it's a bad buy for now : )

I'm a software developer and can tell you Datadog works. $10+ billion dollars of value today they do not provide however.

Going to wait for an opening just like with Fastly.

Comment

STILL expensive.
Comments
fadisabah
Correct, it's a broken stock not a broken company.
juliony
missed the IPO, waiting for a drop.
LauriElias
Looks like no amount of FUD will present me an opportunity on this one.
basedstickman
The stock is cooling off a bit but it's going up after that. This isn't a chart .
LauriElias
@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'.
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