Tweet
lol I bought 8 more shares @ $242 on the dip today. seems to have been ok w/ the rebound! But I'm still dinged from buying in another chunk @ like $300 level. (someone had to buy there... mite has well have been me). Again, we're all going LONG on this one (right?) at least thats my plan. Plus I'm still supposed to start my FVRR purchases soon (my little side project I wanted some alternative artists support to fulfill).
-
-
Yup, still have my 2469 shares. Buy and hold until death. Pass them on to your grand kidsOriginally posted by amarowsky View PostComment
-
Already dished out a warning about the superbowl commercials cost. Fiverr is perhaps the fastest startups that got to be slightly profitable in less than a years time after ipo. The beginning phase is all about capturing the user base, which requires a lot of marketing.Originally posted by jeffmem View PostComment
-
700m dollars offering of ordinary shares.. this is why the stock drop. Usually recovers in a few days if macro is coop.
Comment
-
-
I don't like when companies offer more stock, but as they spent so much money they almost have to. haha. I have another buy order in at 245, but doubt it will reach it. But we will see, with how crappy the markets are the last 10 days, it could go back down again.Originally posted by Singuy View PostComment
-
It does seem odd to raise capital via share dilution. They can get money at near 0% interest, why sell more shares?Originally posted by jeffmem View PostComment
-
Companies usually go for the dilution after a good stock run up. To them it is free money. I have a feeling fvrr is looking for more acquisitions using this cash. Also debt is not very free for companies with junk bond ratings. However you can decrease your bond interest rates if you have a solid balance sheet, especially now with the offering.Originally posted by corn18 View Post
I see high flyers high PE stocks doing offering as a good thing. They are essentially taking profits on the backs of short term YOLO traders for a more secure future. As a long term holder, offer away.Last edited by Singuy; 03-03-2021, 07:47 PM.Comment
-
Ah my gah https://www.marketwatch.com/press-re...ing-2021-03-04
They probably were shocked with the dip yesterday after their announcement lolLast edited by CHH1023; 03-04-2021, 04:52 AM.Comment
-
This is why I will never be a good growth investor. I would be pissed off if I bought last week and then they announced this.Originally posted by Singuy View PostComment
-
If you care about day to day fluctuations then you will be a terrible growth investor. The first thing I said about a growth company like fiverr is to expect 10% hair cut from time to time. We had about 4 of them since I started this thread but fiverr managed to x 5 peoples money if they just held through all of then.Originally posted by corn18 View PostComment
-
Ugh, my AMD is back down to my original buy price. Certainly did not think AMD was over bought, or perhaps it is just down with the market overall.
I am now up to 211 shares of FIVVER. It pails in comparison to Singuy's, but still. haha.
And yes, I agree with you, if you hold through these downward cycles generally it will go up 5x, I would expect Fivver to hit 350-400 and be stable around that price now by the end of the year. I hope I am not expecting too much, but with the way things are going, it certainly seems possible. Fivver has had much more than a 10% haircut, the entire market just got a 20% haircut. I think I am down close to 60k during these last few weeks. Though still up for the year. But if the sell off continues, I will start going red on many other companies, sad, but a fact of a life.Comment
-
How much of a drop after a share dilution is normal? I think I want to buy a bit moreComment
-
They cancelled the offer, so what is happening now is not because of share dilution.Originally posted by LivingAlmostLarge View PostComment
-
Comment