This might be cheap enough to finally take a nibble. 8x fcf, growing revs at 40% YoY. Everyone worried about margins compressing but demos are good and market opp is big if they can improve execution, which on a probability basis, they can. Going to start nibbling long to track & I'll add once it gets some momentum.
The stock is definitely a trap, but I'm okay walking into it at this point. I think everyone who wants to sell has probably sold.
Sometimes you just gotta take that little risk to get that big reward!
PropNotes
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@WicktatorFX, question here is probability of big reward vs dead money or loss over the next 18 months. that's the trap aspect, I think
WicktatorFX
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@wolneya, I guess that’s why the rule of thumb in trading is to trade with funds you can afford to lose… or in this case sit in drawdown for 18months!
MightyHotdog
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@wolneya, But why wouldn't you consider entering only later so that your funds won't be tied up for so long? Do you expect the current price to be a great opportunity that may be gone if you wait?
PropNotes
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@MightyHotdog, i expect that is a possibility, but also that having some $$ tied up makes me follow the situation more closely