Reading lots of long term ‘buy’ for this stock.
Having suffered recently to the volatility (did sell off 50% before the big hit damage).
What’s the thoughts on where this could drop too?
My feeling is that it may breach the $100? Is that realistic? Or would you retail investors jump in prior to it reaching that low?
Just trying to gauge some market sentiment as finger is hovering over a double down buy?
I posted about it on the baggers thread.
Loss making revenue growth stocks are very volatile so always risky trying to pick the perfect time, but my view is that a 40% drop is too much. It’s in my gamble pot (alongside roku, chewy, baba which are also taking a pasting for various reasons), I try to keep that pot to <10% of holdings because it is indeed a gamble so I won’t be doubling down but I did top up a fair bit on Friday.
I see the company flourishing in the future and suspect the share price will be higher in 12-18 months than it is now, particularly if they break into profit as I suspect they will. Obviously just my view, others have differing views as noted in the baggers thread so do you own research etc.
Short term, these sort of (high P/E, borderline profitable) stocks will jump up and down based on speculation on Fed actions and interest rates. Higher interest rates the lower the value of longer term cash flows.
Big oof as it falls over a quarter on earnings miss.
I got out of Docu early in the year, believing that e-signatures were to become a feature that every document/office system offers. So I put my money into a boring company like Adobe which has an eSignature product.
I struggle to see the docusign moat, wise move @Han
Shares surged more than 17% after hours after the company reported an earnings beat, and issued a third-quarter revenue forecast that was above expectations.
still down loads from the peak