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Wtf just happened to TSM?
ER 8/1 -8/5

8/3 Thread (General):
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I own PYPL and SQ, down over $10k unrealized. I will buy in big time when I start seeing a turn around. As of now, closely monitoring
down insanely fat on pltr and pypl and i’m just holding not adding - too much FUD rn
fear, uncertainty, and doubt
Subject Expert
All three are in steep bearish trends. PYPL gapped down on earnings and has fallen the two sessions since.
From a technical perspective I see absolutely nothing that says these should be bought.
Subject Expert
MC, two trading days.
How down are you to think about avging now? Do you not see other opportunities to make money? How long do you intend to hold, 2022 will be very choppy or have downward trend.
Pypl hard pass now. SQ still skeptical, I’d rather see a momentum change first. PLTR bearish—they will survive fine on govt clients but right now they are a custom dev shop. I have never heard any technology savvy company consider them for their data platform over Databricks, etc. I would rather hold Databricks long term after it IPOs and the price settles
I’ve only looked at the screenshots of the product but I did attend a talk by their CPO, overall I think solid product, okay business. There’s too many similar products out there and customers are too high touch imo, making the software very expensive = prone to switching. You also have the traditional BI tools that are likely also going to venture into this space. I have a feeling that is what Google has cooking with cloud + Google tag manager + Looker.
I prefer to invest in products that provide core infrastructure and have wide, generic applications vs ones that are tailored to solve a specific business problem. I’d leave that to the consulting firms where they don’t mind if customers bombard them with questions
Earnings and profits will matter much more with rising rates. I’d potentially look at these and growth metrics