Looks like Gitlab is only forecasting a yoy revenue increase of 25%. Free cash flow improved quite a bit, forecasting $0.20/share profit for all of fy24. They've turned the corner, but I don't think that forecast justifies the premium on the stock. It was priced to perfection. If this level holds after the bell tomorrow, those $74 puts will be up 150%. Probably way more. Stoney was on me all weekend for a pick this week... and unlike Stoney... I take my time and I'm very selective. What a way to kick off the week at GBA! Who's your daddy Stoney?! GTLB---> $65.50
A few short months later... $9. I told you to get out of that thing. Leave the "option reading" to the real pro's. Just stick with your morning ingestion/regurgitation of Yahoo's "stocks to watch today" homepage pro's. I told you..... get out of $BE. #1 for a reason. But wait, there's more! VAN DELIVERS AN INCREDIBLE 250% OVERNIGHT RETURN Top that one Stoney! You can use a scatter-shot shotgun approach and post 20 "ideas" per day.... and then claim greatness when one comes in....or.... you can lay low like a market sniper... and win every time. The emails are streaming in. TA/FA, up markets, down markets.... it doesn't matter. There's only one #1. Its time to finally give up and admit... who's your daddy Stoney? GTLB--> $58 #1 for a reason ~vz EDIT--- up next: "Van, option trades don't count." Yeah, except where real money is concerned. 250%.... ~case closed.