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My (very unprofessional) guess here is that investors in the near term will discount the company too heavily and the previously overvalued stock will blow past
by _heimdall 2y ago
My (very unprofessional) guess here is that investors in the near term will discount the company too heavily and the previously overvalued stock will blow past a realistic valuation and be priced too low for a little while. The software and company aren't going anywhere as far as I can tell, they have far too much marketshare and use of CrowdStrike is often a contractual obligation.
That said, I don't gamble against trading algorithms these days and am only guessing at what I think will happen. Anyone passing by, please don't take random online posts as financial advice.
- chgs 2y agoAfter yesterday, CRWD is still up more than the S&P since the start of the year, and both are up insane amounts. The stock market is unrelated to reality.
- asynchronous 2y agoHonestly makes me angry, if we had a sense of justice in this world this would devastate them financially.