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stonedinvestor said:
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
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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...///
More...
At the moment, for today at least, the growth story and valuation don't really matter.
It's the algos.
Reset that stop I recommended for you to $66.78
It's at $68.19 now.
Close by eod either way.
 
vanzandt said:
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.
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I think I am done today, scrapped $3 off QQQs. We both went through 00-02, taking small shorter term drops or pops and walking away kept us safe.
 
Dropbox CFO says 'committed' to long-term target of $1B in annual free cash flow 05/05 DBX CFO Timothy Regan says: "We remain committed to our long-term objectives, including delivering operating margins of 30% to 32% and generating annual free cash flow of $1 billion by 2024. We also remain focused on allocating capital to growth initiatives, both organic as well as through acquisitions, while also returning a significant portion of our free cash flow to shareholders in the form of share repurchases." Comments taken from Q1 earnings conference call.

That fact is well known and I just have to think someone is going to make a move on this co.

Risk/reward I guess it boils down to.

Tech is so risky this one maybe a bit less??

After all they did beat their # / guide up and announce a stk buyback...

and I guess the biggest reason: It's Mrs. Stony's idea.
 
Stoney!!!!
The stop fired while I was on the phone.

Hey it looks like you gave back all your gains on FB (META).
It's $177.50 now
You IRA'd that one, so I assume you still have it.
Ahhh... it'll come back.
 
stonedinvestor said:
stonedinvestor said:
RUN Sunrun Inc. Van this one

$29.002.22 (+8.29%)<------ GO TIME!
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Why would you buy this if you thought the S&P is going to 4000?

The children will need shoes this winter Stoney!

RUN>>> $25.85

I told ya so. A sell the news event. Those tariffs mean nothing, at least not enough to jump a company's market-cap by almost a billion dollars when said company has only $2B in sales forecast for this year.

Stoney, Stoney, Stoney.... you'll never learn.

Edit: I just looked

THAT WAS A PERFECT TOP-TICK CALL.
IT HASN'T WENT ABOVE THAT PRICE SINCE YOU CALLED IT OUT.
The children will be buying their shoes at Ollie's this year.
 
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