Quote:
Originally Posted by jpeezy14@hotmail.com
Volatility will always follow these high growth stocks.
Let's look big picture - the stock is back to its price from Friday and nothing fundamentally has changed. The company has not only provided guidance but increased it yet again, all while providing another earnings beat.
Definitely a monster run up with a large pullback down, but that's been the story the entire time. Could still see downward movement, though I still say buy the dip.
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Was the 12% reliance on TikTok not known before as that seems to be main driver. I may buy the dip but don't think the low is here yet, I see this as a sub 80 to buy. Really wonder who was buying at 115 yesterday..
Or I think I'm getting too old to play around with this type of volatility, heart can't take!