Fiverr Is My Newest Pick

[Singuy]

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.

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.

[corn18]

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.

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.

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.

[CHH1023]

Ah my gah https://www.marketwatch.com/press-re...ing-2021-03-04

They probably were shocked with the dip yesterday after their announcement lol

[Singuy]

It does seem odd to raise capital via share dilution. They can get money at near 0% interest, why sell more shares?

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.

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.

[corn18]

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.

It does seem odd to raise capital via share dilution. They can get money at near 0% interest, why sell more shares?

[jeffmem]

700m dollars offering of ordinary shares.. this is why the stock drop. Usually recovers in a few days if macro is coop.

https://www.streetinsider.com/dr/news.php?id=18066707

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.

[CHH1023]

700m dollars offering of ordinary shares.. this is why the stock drop. Usually recovers in a few days if macro is coop.

https://www.streetinsider.com/dr/news.php?id=18066707

gonna buy more

[Singuy]

700m dollars offering of ordinary shares.. this is why the stock drop. Usually recovers in a few days if macro is coop.

https://www.streetinsider.com/dr/news.php?id=18066707

[Singuy]

Looking over their latest financial report, it appears they are still burning through money with a quite significant net loss, unless I am reading things wrong....

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.

[Singuy]

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 kids

[amarowsky]

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).

[jeffmem]

Looking over their latest financial report, it appears they are still burning through money with a quite significant net loss, unless I am reading things wrong....

[riverwed070707]

I had set up to buy more at 250, unfortunately it went below that. So I bought more at 239. I now have 199 shares.

The one good thing about this stock I CAN say is that it gives people, people who missed out, PLENTY of buying opportunities! lol.


My concern now is that it will reach my last buy price of 230 before this correction, meaning that it has lost $100 in only 3 days. It accounts for 21% of my portfolio already too.

I bought a lot of things today, but seems I bought them a little bit too early. As I am down 10% overall stocks, I figured now might be a good time to buy, but apparently I was pre-mature. I set up auto buying in pre-market lower than the actually prices by 3-10$ a share. Seems my aim was still too good. hahahahaa, cause now it is below those prices also. Such as life, hard to time things.

Whole lot of red today! I thought the same thing about everything being on sale! But I bought 100 of a $1.09 stock I dream of the day that a downturn means I can dump in a few thousand. I only own 2 shares of FIVRR that I bought at $90

[jeffmem]

I had set up to buy more at 250, unfortunately it went below that. So I bought more at 239. I now have 199 shares.

The one good thing about this stock I CAN say is that it gives people, people who missed out, PLENTY of buying opportunities! lol.


My concern now is that it will reach my last buy price of 230 before this correction, meaning that it has lost $100 in only 3 days. It accounts for 21% of my portfolio already too.

I bought a lot of things today, but seems I bought them a little bit too early. As I am down 10% overall stocks, I figured now might be a good time to buy, but apparently I was pre-mature. I set up auto buying in pre-market lower than the actually prices by 3-10$ a share. Seems my aim was still too good. hahahahaa, cause now it is below those prices also. Such as life, hard to time things.

[disneysteve]

Today's is Quite ugly too. Buying opportunity?

I didn't need to know that. LOL.