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Fiverr Is My Newest Pick

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    Ugh, this year FVRR has been tanking bad, everytime it goes up it falls just that much more. I really hope this company can pull it off for the long term.

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      I have mine across multiple accounts. I still think it's the wave of the future sans singuy. I just can't help but feel like contractor work and not working for companies are where it's moving to
      LivingAlmostLarge Blog

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        Originally posted by jeffmem View Post
        Ugh, this year FVRR has been tanking bad, everytime it goes up it falls just that much more. I really hope this company can pull it off for the long term.
        Probably being sold off for tax harvesting purposes. I don't see any negative news related to the company that could be causing this rout, so it must be year end tax loss write-off sales.

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          Originally posted by Scallywag View Post

          Probably being sold off for tax harvesting purposes. I don't see any negative news related to the company that could be causing this rout, so it must be year end tax loss write-off sales.
          Anything is possible, the entire market has been down the last few days, I am down 5 figures just over the last 3-4 days... The whole market is down. But FVRR has been taken a real beating.

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            Originally posted by jeffmem View Post

            Anything is possible, the entire market has been down the last few days, I am down 5 figures just over the last 3-4 days... The whole market is down. But FVRR has been taken a real beating.
            Fvrr is certainly not the worst when it comes to taking a beating from their ATHs since Feb. The entire market was going bonkers then and it's a positive that we have a cool off period before our next leg higher. Earnings was solid and that's all it matters.

            Talking about whining about the stock..if the pain is now getting to you..then that just means we are near bottom.

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              Singuy - do you still life Fivvr?
              james.c.hendrickson@gmail.com
              202.468.6043

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                I am assuming you are asking me if I still like Fiverr? Yes, I see exponential revenue growth from this company and currently it's valued pretty fairly or actually the sell off is pretty exaggerated. It's P/S ratio is 17 with a yoy growth rate of over 50%. Compare it to SHOP which has a P/S of 46 with a growth of over 50%. Fiverr is definitely the better buy even though SHOP is the better stocks performer. Block out the noise and only look at the financials. Fiverr will surprise people as time goes on. More likely than not it'll close the year at 200 bucks.

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                  Originally posted by Singuy View Post
                  I am assuming you are asking me if I still like Fiverr? Yes, I see exponential revenue growth from this company and currently it's valued pretty fairly or actually the sell off is pretty exaggerated. It's P/S ratio is 17 with a yoy growth rate of over 50%. Compare it to SHOP which has a P/S of 46 with a growth of over 50%. Fiverr is definitely the better buy even though SHOP is the better stocks performer. Block out the noise and only look at the financials. Fiverr will surprise people as time goes on. More likely than not it'll close the year at 200 bucks.
                  I agree about avoiding the noise. In the long run, a stock's price should follow its earnings. In the short run, however, the relationship between earnings and share price isn't that clear.

                  For anyone reading this thread, I recommend reading "Common Stocks and Uncommon Profits", by Phillip A Fisher. Its an excellent read on the principles of growth investing.

                  james.c.hendrickson@gmail.com
                  202.468.6043

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                    I sold some at 330 and bought back in around 150 with more shares, no negative news so I'm still a FVRR believer.

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                      Well this is a sad day, I am now losing money in FVRR, I never thought I would see this day.... I had bought very cheap, but bought more as the price went up, and now I feel the company may crash and burn with the way the market is... so sad.... But such as markets I guess... Gotta wait.... I hope this slide stops soon, I am now down more than I was earlier this year when the market slid, crazy times...

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                        Originally posted by jeffmem View Post
                        Well this is a sad day, I am now losing money in FVRR, I never thought I would see this day.... I had bought very cheap, but bought more as the price went up, and now I feel the company may crash and burn with the way the market is... so sad.... But such as markets I guess... Gotta wait.... I hope this slide stops soon, I am now down more than I was earlier this year when the market slid, crazy times...
                        Objectively, there's nothing in the company's guidance and balance sheet that will result in a crash and burn scenario. The stock price fluctuations have nothing to do with the business' performance unless there are active material information that changes the direction of the company dramatically.

                        Looking at charts we are at bottom and will most likely rally from either now or next week but anything can happen.
                        So this is a good buying opportunity for those who want in. Buying as the stock goes up is exactly what you SHOULDNT so hopefully this is a lesson learned for you...except it's a hard lesson to learn so you'll probably get burned a few more times as that's how just human psychology works. Took me years to kick the habit.

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                          Originally posted by Singuy View Post

                          Objectively, there's nothing in the company's guidance and balance sheet that will result in a crash and burn scenario. The stock price fluctuations have nothing to do with the business' performance unless there are active material information that changes the direction of the company dramatically.

                          Looking at charts we are at bottom and will most likely rally from either now or next week but anything can happen.
                          So this is a good buying opportunity for those who want in. Buying as the stock goes up is exactly what you SHOULDNT so hopefully this is a lesson learned for you...except it's a hard lesson to learn so you'll probably get burned a few more times as that's how just human psychology works. Took me years to kick the habit.
                          Oh I mostly agree with that, the stock has also been recommended by some a couple of services I use. I believe FVVR is falling with the market which is also quite terrible recently. I am down more than I was earlier this year with the correction, I hope this one is not worse.

                          As for buying stock as the price goes up, I should clarify something, I was buying on dips as the price was going up. Do you count that as the same thing? I thought this was a fundamental insight into buying stock that if the stock performance is good, buy more on the dip? No? Now, only buy at the beginning and leave it? In that case I would have only had about 50 shares that I had bought under 100, now I have more than 230, but 80 of the shares I bought were over $136/sh. Probably 40 of those over 200.

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                            Originally posted by jeffmem View Post

                            Oh I mostly agree with that, the stock has also been recommended by some a couple of services I use. I believe FVVR is falling with the market which is also quite terrible recently. I am down more than I was earlier this year with the correction, I hope this one is not worse.

                            As for buying stock as the price goes up, I should clarify something, I was buying on dips as the price was going up. Do you count that as the same thing? I thought this was a fundamental insight into buying stock that if the stock performance is good, buy more on the dip? No? Now, only buy at the beginning and leave it? In that case I would have only had about 50 shares that I had bought under 100, now I have more than 230, but 80 of the shares I bought were over $136/sh. Probably 40 of those over 200.
                            I believe the pandemic definitely pushed a bit of growth forward so the valuation in which tripled from 1 billion dollars marketcap is justified. It became pretty lofty at 200->300. I even warned people that just because it dropped from 330 down to 250 doesn't mean it can't go lower. And I even said there's a good chance it can hit under 200.

                            I didn't sell or buy after the last buy in awhile back in the low 100s. I can't predict the future but massive bubble popping corrections was always a possibility and I believe now that it's almost over, it's good and healthy for the market.

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                              The day someone thinks fvrr is going down to zero is the day it goes up 10%. First few dips you think it's a misunderstanding by the market and it'll recover. The last few dips make you think maybe you had the misunderstanding and should just cover your losses.

                              This is why having full understanding of the company makes you rich, not having that understanding will leave you in the dust.
                              Last edited by Singuy; 12-07-2021, 07:30 AM.

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                                Originally posted by Singuy View Post
                                The day someone thinks fvrr is going down to zero is the day it goes up 10%. First few dips you think it's a misunderstanding by the market and it'll recover. The last few dips make you think maybe you had the misunderstanding and should just cover your losses.

                                This is why having full understanding of the company makes you rich, not having that understanding will leave you in the dust.
                                And that day is potentially today. lol It's flying back today.

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