looking at the earnings & revenue of MongoDB, the loss is so huge, why is the stock still going up?
A wise man once said, stonks only go up.
But if you look at Cloudera and GoPro, it’s not true
GoPro , fitbit, groupon belong to unlucky stocks.. otherwise $hit stocks like ntnx were trading around 50 for sometime. But overall tech is so bullish. Look at serviceNow, twilio
I’m still wondering why SQUARE keeps on growing. Dude half the shops are closed due to covid and square stock is higher than in Q419
I bought 60K in SQ puts expireing end of year 😊
Cash App
Revenue keeps going up. The market doesn’t cares about profit... currently. These things change in time.
Haven’t looked into the stock, but revenue growth looks great. Also check free cash flow, some investors believe it’s more important than earnings. Last thing, maybe they are re-investing or buying stuff
Market is weird. All stocks are going up with no particular reason as such. Stock market is something that I won’t touch right now
There was a reddit Wallstreet bets post where this guy cashed out big on mdb, ie exactly 1 million, and then put it all into FSLY, at like 23 bucks. I reckon that guy has been killing it thus far
Revenue growth. Not saying I agree with the rationale but it’s a growth play