Hello Blinder, I own some DBX stock which I had bought for some short term trading. The current DBX value is almost on par with what I bought it for (somewhere around 17$). Since there are a bunch of other stocks which I think are gonna perform greater long term (Microsoft, AMD etc); wondering if I should sell my position in Dropbox and buy those. What do you all think? Any suggestions? TC: 170k #investments #dbx #stock
trash dbx. it has tons of risks and competitors and no upsides
Lots of better options. Even AMZN outperforms DBX.
My plan for it was really short term. I was planning to sell them once they reach like 25$ or so, which seemed reasonable before the whole virus situation. Based on all your feedback, seems like selling dbx position and investing in others seems to be the best option!
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If your evaluation of this stock has changed, yea, take it out of your portfolio. Between those three you mentioned, id bet on AMD.