At the moment, for today at least, the growth story and valuation don't really matter. It's the algos. Reset that stop I recommended for you to $66.78 It's at $68.19 now. Close by eod either way.
I think I am done today, scrapped $3 off QQQs. We both went through 00-02, taking small shorter term drops or pops and walking away kept us safe.
Dropbox CFO says 'committed' to long-term target of $1B in annual free cash flow 05/05 DBX CFO Timothy Regan says: "We remain committed to our long-term objectives, including delivering operating margins of 30% to 32% and generating annual free cash flow of $1 billion by 2024. We also remain focused on allocating capital to growth initiatives, both organic as well as through acquisitions, while also returning a significant portion of our free cash flow to shareholders in the form of share repurchases." Comments taken from Q1 earnings conference call. That fact is well known and I just have to think someone is going to make a move on this co. Risk/reward I guess it boils down to. Tech is so risky this one maybe a bit less?? After all they did beat their # / guide up and announce a stk buyback... and I guess the biggest reason: It's Mrs. Stony's idea.
Stoney!!!! The stop fired while I was on the phone. Hey it looks like you gave back all your gains on FB (META). It's $177.50 now You IRA'd that one, so I assume you still have it. Ahhh... it'll come back.
Why would you buy this if you thought the S&P is going to 4000? The children will need shoes this winter Stoney! RUN>>> $25.85 I told ya so. A sell the news event. Those tariffs mean nothing, at least not enough to jump a company's market-cap by almost a billion dollars when said company has only $2B in sales forecast for this year. Stoney, Stoney, Stoney.... you'll never learn. Edit: I just looked THAT WAS A PERFECT TOP-TICK CALL. IT HASN'T WENT ABOVE THAT PRICE SINCE YOU CALLED IT OUT. The children will be buying their shoes at Ollie's this year.
Shorts keep attacking it, I wonder if Reddit can bully past $16 today? It’s $13.40 now. Usually profit taking happens on Friday. No idea.