On Dropbox, no opinion, long term or as a daytrade? As a daytrade, I doubt its worthwhile today at $22.50 You might get $0.60 if lucky. EDIT: Reset DOCU stop at $65.73, might sell if not above $70 in 25 minutes. WINNER WINNER EITHER WAY feast children!
Stoney I had to close SQZ... I don't think its going anywhere. $3.90 was a top for now. I'd get out if I were you.
CFLT is dropping like a rock again. DOWN 7% NIO RED. -3% byddf>>> +5.6% WHEN WILL YOU LISTEN??!!!!! *byddf will pull back some today I'm sure. Hard not to.
Lost $300 on qqq $295c, reversed to qqq $292p(1.60) out $3.20 a classic Savant trading disciple. Edit: bought puts.
The $72 calls on DOCU are $0.33 if you want a lottery ticket. Doubt it'll hit though. That said, my analysis yesterday called for a $76 close today. But the greater tide has a say too, and it's definitely leaving the building.
Whew.... Down 7% after I post. Stoney's aliens in tight pants must be reading. Volumes low, so they must be using those HF algos from 15 years ago.
Still holding DOCU as 25 minutes expires. Stoney get in! I like the chart for the day. $68.20 Use 67.50 as a stop.
It seems steady here Van. DocuSign Stock Tumbles. Its Growth Story Is Over. Updated June 10, 2022 10:25 am ET / Original June 10, 2022 8:06 am ET Order Reprints Print Article Barron's Newsletters The Barron's Daily A morning briefing on what you need to know in the day ahead, including exclusive commentary from Barron's and MarketWatch writers. The company trimmed its billings guidance for the fiscal year ending in January. Courtesy DocuSign It seems that another pandemic success story has ended. Shares of DocuSign DOCU –21.69% sank early Friday after the electronic signature solutions company cut its fiscal-year guidance. Analysts were less than impressed with the outlook from DocuSign (ticker: DOCU). Wedbush analyst Daniel Ives said he believes the company’s core growth story is essentially over “with the clock striking midnight following a billings guidance drop of ~$200 million pointing to an uncertain future for the remainder of FY23.” DocuSign trimmed its billings guidance for the fiscal year ending in January to a range of $2.52 billion to $2.54 billion, down from a previous target of $2.71 billion to $2.73 billion. “The demise of DOCU’s growth story continues as the WFH [work from home] poster child faces new and ongoing complications with the selling environment following Covid’s pull-forward effect on sales over the previous two years,” Ives said in his research note. He maintained his Underperform rating on the stock but lowered his price target to $50 from $60. I dunno I say Drop Box because people are sniffing to buy...///
Of course we have to ask ourselves what would someone pay? Dropbox, Inc. (DBX)< Likely try and steal co.. $25-$27 NasdaqGS - NasdaqGS Real Time Price. 22.21-0.50 (-2.20%)