Hold or Sell SLACK stocks

SAP
bloodBWSt

Go to company page SAP

bloodBWSt
Jul 10, 2020 10 Comments

Put 10K in Slacks stocks ( $39/stock) last year June when it went IPO and still at loss..Slack has totally disappointed me.. every damn Tech company soared in pandemic except Slack..
Shall i hold or sell?

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TOP 10 Comments
  • Amazon
    irunknee

    Go to company page Amazon

    irunknee
    Buy. All modern businesses will use a communication app and its just Slack and Teams, which is the inferior product. They’re a staple like Atlassian Confluence/Jira but 1/3 the market cap. Amazon will now all be using Slack and they will get our video conferencing (VC) SDK, so they’ll now be bettering their VC offering to compete with Zoom.
    Jul 10, 2020 0
  • Intel
    familyTime

    Go to company page Intel

    familyTime
    Teams has grown 700% since launch. I don’t even see anyone acquiring Slack. You can hold unless you need to balance you gain but I would not expect to make money out of it..
    Jul 10, 2020 1
    • New / Creative

      New Creative

      PRE
      McKinsey, Bain & Company
      Yes because it replaced Skype.
      Jul 10, 2020
  • I love Slack, but MSFT has been steamrolling them this year.

    Their leadership needs a wake up call. Their CEO said that Teams is not competition, and that his top customers are using Slack and Teams side-by-side. Not seeing that as a threat is pure denial. What happens when Teams catch up on messaging experience?
    Jul 10, 2020 0
  • Sell, slack is the next Netscape
    Jul 10, 2020 0
  • Amazon
    L13@Amazon

    Go to company page Amazon

    L13@Amazon
    Whether you go by value investing or momentum trading better to take loss and move the money to an investment where there is better growth expected. Cut your losses fast.
    Jul 10, 2020 0