12/9/24 - $mdb - Tough to own >$300. Gl but sidelines.

12/9/24 :: VROCKSTAR :: MDB
Tough to own >$300. Gl but sidelines.

- Over 10x sales for ~20% top line growth? profitability climbing, but not in the way a 25-30% grower would do. TL;DR here is you need a growth SPIKE to really re-rate this thing.

- options chain pricing in quite a dramatic move. while i've gotten semi-smacked lately shorting, (though today came thru big time that allowed me to resize my PLTR and SG nicely), i'm totally fine to watch this out.

- my semi database related name is BASE rn, which just reported a decent q but where stock got smacked close to what i think is close to take out value. that's hard enough to own (even tho it's smaller). so gawd bless if you're in this thing, but i'll just have to root from the sidelines.

- playing some octane on the UBER, OKTA and BASE fronts... just added some GAMB today. all of which i think offer MUCH better risk/reward and/or cash gen than high flying stuff like MDB.

So gl. But i can't ride with you here b/c i'm not even sure i'd buy it lower. You can be sure i'll consider shorting an outsized 20-25% pump tho if/does happen. let's see.

V