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@greenchase I changed my vote to “HOLD”.
Currently it’s @ $155.37 which is good because it kept me from buying out of my comfort zone.
Buying the dip only works if a stock gets off the floor. Happily for DocuSign and its investors, a recent brutal stock selloff now looks like, well, a dip, not a death blow. Shares of the e-signature company, which thrived with most of America working at home last year, cratered 42% on Dec.
Wow, that chart is wild @alpha.
Do you think this will go below $100?
Personally, I like Adobe e-sign vs. Docusign, but I know most professionals use Docusign like: Realtors, Insurance agents, Car Sales people, etc.
I would really be interested in this if it fell to the “pre-pandemic” prices in the $70s.
Doubt that will happen anytime…Read More
$DOCU was sitting at around $75.00 a share pre-pandemic. As the office place landscape shifted to more remote, companies like this benefited as more documents were being signed remotely than ever before.
So to go from $235 a share on Thursday to $135 on Friday blows my freaking mind.
Nothing really changed at all with the business model and…Read More
At $130+ a share this is well out of my range (I typically try to buy under $1.00). However such a crazy swing makes me interested in trying this out.
I’ve learned it’s best to buy when others are afraid.
I think the market way overreacted and if it goes under $100 a share it could get hella interesting.
I hope it doesn’t get that low so I can…Read More
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