Bumble - BMBL

In at $70 Stike 1

You should pay me $20 not to buy into Bumble cos everything I buy nose dives :joy::joy::joy:

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For anyone that missed it, we wrote about Bumble yesterday on the Invest Hub

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“Wolfe Herd left Tinder with the goal of “rewriting the script on gender norms by building a platform that is designed to be safe and empowering for women, and, in turn, provides a better environment for everyone.”"

Technically, she left Tinder because they were being awful to her and then she sued their ****. They tried buying and suing Bumble,… Match dot com are like the Goldman Sachs of dating by the looks of it.

Love BMBL’s mission tho, she deserves all the billions.

“Shaking up the game seems to be in the firm’s bloodstream.”

You can technically say that about any risin company. They’r not in the game to be just like Tinder-- thatd be a crappy value proposition.

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Last Year I bought Pagerduty after the IPO and it dropped. It’s taken until now to get back above my original buy price. However I bought a couple more times at lower prices and my overall position is now ~50% up.

If you want to get in long term, but you think it’s too high might be worth following this approach. Buy some now, but keep some money back for if it pulls back

Edit, it wasn’t last year it was April 2019, so nearly two years to crawl back up to where it was

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A bit out of date, but still a very interesting read. Its free real estate research

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…MotleyFool s**** unless you know their founders top picks, which you can discover on Reddit if you’re not paying)

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It looks way too overpriced to me. Also, I don’t know anybody who uses Bumble. Most of my friends use POF, Badoo and Tinder.

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Must be more of an American thing!

Ah, I use Bumble and OkCupid. I think both are better than Tinder. ¯\(ツ)/¯

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It’s in bee liveable … Absolute joke… U wait it will go down to $40 something . The stocks were way over priced for this dating app. If u bought at @$70 you are going to have to wait a year or two before you see a good return. The price at $70, something dollars ATM is way … I emphasize again WAY over priced !!!,

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I bought at $82. But I’m in it for the long term.

Yes it’s very overpriced, but a lot of stock is today

Also it’s my second smallest position so not too bothered

Down 11% as of now

Tracking this down to $45 then I’ll buy in!

I would be very surprised to see this below 50$

Anyway first earnings next week 10th March, will be a big day. (They should have done 8th March, women’s day…)

Earnings after the close today. should be an interesting one to watch :eyes:

Bag holding at peak. :pensive:

Regret selling this at 69$, still was up about 6% so it’s ok

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Holding a few, but not sure I see a bright future. The next dating app will just come along with a new spin, and knock them off the ladder.

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You were saying…

I’m waiting bit more, see how low it may go.