UPST is a story stock (AI, disruptive) with unfortunate macro headwinds. If the tech turns out not to be smoke and mirrors, it could be really disruptive. Possible buyout target, but unfortunately nobody wants to throw around 4 billion these days. Except Elon, LOL!
No position yet. Already lost money on this and trying not to have "stock-holm" syndrome.
No position yet. Already lost money on this and trying not to have "stock-holm" syndrome.
코멘트:
Well if I have to be honest we are now looking at a bearish island reversal. I think I need to do some more DD on this company if I'm really going to hold this for the long term. Hopium is not a strategy.
코멘트:
Another devastating drop, now trading at the IPO price of $26/share. Still have not really checked on the tech, leadership, or competition.
코멘트:
And the dip keeps dipping. 24.17
코멘트:
It should be noted, the ATL, within 1 hour of IPO, was 22.61.
코멘트:
Maybe wait till after earnings
코멘트:
Current ATL is 22.42. Forming some kind of consolidation pattern.
I'm thinking this flushes out (breaking ATL) before coming back.