GBA Presents: RADIO SAVANT-!

On Dropbox, no opinion, long term or as a daytrade?
As a daytrade, I doubt its worthwhile today at $22.50
You might get $0.60 if lucky.

EDIT: Reset DOCU stop at $65.73, might sell if not above $70 in 25 minutes.
WINNER WINNER EITHER WAY
feast children!
 
Lost $300 on qqq $295c, reversed to qqq $292(1.60) out $3.20 a classic Savant trading disciple.
The $72 calls on DOCU are $0.33 if you want a lottery ticket. Doubt it'll hit though. That said, my analysis yesterday called for a $76 close today. But the greater tide has a say too, and it's definitely leaving the building.
 
Stoney I had to close SQZ... I don't think its going anywhere.
$3.90 was a top for now.
I'd get out if I were you.

Whew....
Down 7% after I post.
Stoney's aliens in tight pants must be reading.
Volumes low, so they must be using those HF algos from 15 years ago. :p
 
On Dropbox, no opinion, long term or as a daytrade?
As a daytrade, I doubt its worthwhile today at $22.50
You might get $0.60 if lucky.

EDIT: Reset DOCU stop at $65.73, might sell if not above $70 in 25 minutes.
WINNER WINNER EITHER WAY
feast children!




It seems steady here Van.


DocuSign Stock Tumbles. Its Growth Story Is Over.





Updated June 10, 2022 10:25 am ET / Original June 10, 2022 8:06 am ET
  • Order Reprints
  • Print Article

Barron's Newsletters
The Barron's Daily
A morning briefing on what you need to know in the day ahead, including exclusive commentary from Barron's and MarketWatch writers.



im-310423

The company trimmed its billings guidance for the fiscal year ending in January.
Courtesy DocuSign
It seems that another pandemic success story has ended. Shares of DocuSign DOCU –21.69% sank early Friday after the electronic signature solutions company cut its fiscal-year guidance.

Analysts were less than impressed with the outlook from DocuSign (ticker: DOCU). Wedbush analyst Daniel Ives said he believes the company’s core growth story is essentially over “with the clock striking midnight following a billings guidance drop of ~$200 million pointing to an uncertain future for the remainder of FY23.”

DocuSign trimmed its billings guidance for the fiscal year ending in January to a range of $2.52 billion to $2.54 billion, down from a previous target of $2.71 billion to $2.73 billion.

“The demise of DOCU’s growth story continues as the WFH [work from home] poster child faces new and ongoing complications with the selling environment following Covid’s pull-forward effect on sales over the previous two years,” Ives said in his research note. He maintained his Underperform rating on the stock but lowered his price target to $50 from $60.


I dunno I say Drop Box because people are sniffing to buy...///
 
Of course we have to ask ourselves what would someone pay?

Dropbox, Inc. (DBX)< Likely try and steal co.. $25-$27
NasdaqGS - NasdaqGS Real Time Price.
22.21-0.50 (-2.20%)
 
Back
Top