General Murmur of Agreemen
Footballguy
And how.Bob Sacamano said:
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Stock Thread (15 Viewers)
- Thread starter St. Louis Bob
- Start date
FreeBaGeL
Footballguy
Even if they hit those numbers why would that necessarily mean those numbers are going to continue growing going forward?
WFH is not a growing industry. It's an industry that already grew parabolically and is now going to pullback from here. We can talk all we want about more and more companies moving to WFH in the future but over the last few months nearly ALL companies were doing WFH. As the pandemic passes some companies are going to go back to the office and there are going to be fewer WFH companies than there are right now, and they're not going to be rushing for a quick easy to use solution that they can get up and running overnight anymore.
Even if they do $1B in revenue this year where is the growth from there? Everyone being forced to work from home and needing to figure out a way to do it overnight with something very easy to get up and running was pretty much the absolute perfect scenario for Zoom. If they can only bring in $1B revenue in that market how is that going to increase by multiples when 3/4ths of the companies go back to work and the rest have time to get the video conferencing software they're already paying for up and running?
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General Murmur of Agreemen
Footballguy
I have a 90 day free trial of this. I'm not sure I'm going to keep it, but I've had two phone calls from them already (and here, I'd like to offer that the people working for them are just slightly below Spirit Airlines employees for their customer service skills) where they offered me a chance to keep it for $2 a month. That doesn't seem like a very lucrative business.....KGB said:
Bob Sacamano
Footballguy
General Murmur of Agreemen
Footballguy
-OZ-
Footballguy
Can't speak for private industry, but the Army has gone from "DO NOT USE ZOOM!!!" to using it for classes and training. Microsoft is still the platform for official meetings.
Not a bull, but I bought 100 shares after seeing the excitement that our IT guys had about it. It's done nothing in the intervening month but all I hear is that people like it. I may even buy 100 more on a dip. Buying completely on their word of mouth. I know nothing about it, really.
McBokonon
Footballguy
It does matter. First of all, who cares about companies with $40B in revenue that aren’t worth more. Profits matter more for those companies. Software is an extremely profitable business so revenue multiples are higher. Second, scoffing at a company tripling and quadrupling revenue makes no sense. That’s why they’ve jumped even in an environment where companies aren’t spending like crazy
Hey, if you think they are overvalued that’s fine. Maybe they are, maybe they aren’t. WFH isn’t going away and business travel will drop. There’s plenty of companies who’ve had competition and succeeded.
I don’t know the future but you are cherry picking numbers that aren’t reflective of the current state.
FreeBaGeL
Footballguy
Yeah good discussion, fair points you're making. The sticking point for me is while it's true WFH isn't going away, it is undoubtedly going down from where it is right now, which is basically 100% penetration.
WFH will undoubtedly increase from where it was in January 2020. But it will also undoubtedly substantially decrease from where it was in May/June of 2020. We will likely never see that many people working from home again in our lifetime.
So if they could do $1B revenue when the entire country was forced to WFH, how are they going to grow from there when 75% of the people working from home right now go back to work? And when all the companies with solutions that businesses are already paying for improve their product to the point where it doesn't make sense to pay for two of them?
This isn't like TSLA or something where we can say "imagine how many cars they are going to sell if 20 years from now people only buy electric vehicles". We've already seen how many people would purchase zoom if every company in the country closed their workplace and worked from home and it still wasn't even a fraction of what the company is currently valued at. How many people are going to be canceling subscriptions next year when things return to normal. How many more are going to cancel subscriptions when they have more time to integrate the platforms they are already paying for? How does that lead to growth from where they are right now, which is already revenue far below their valuation? Where is the growth going to come from when WFH has already maxed out and is only going to revert back from where it is today?
-OZ-
Footballguy
I share many of the same concerns, but I do not think we're going back to the old normal.
WFH being maxed out (I don’t think it is) doesn’t mean their revenue ceiling has been hit. Thinking that they can’t expand into other things either after building a huge base. It also doesn’t mean I won’t sell some once I hit long term taxes since it has run up so much so fast.
Today is one of those days where it makes it hard to trim holdings. ZS, ZM, FLGT and FSLY are making it rain.
Nugget
Footballguy
BassNBrew
Footballguy
ChiefD
Footballguy
Been following the Houston Firefighter story a little bit for RLF-100, and there is a Facebook page associated with him so people can post messages and also updates from the family. So here is a timeline of updates. This appears to be public information as it's out there in the open for all to see.
Update: 8/18
The vent is currently set at 100%. Vitals are stable but his blood pressure is running a little high. There was no change in the x-rays from yesterday. The new meds are being administered very slowly over the next 36-48 hours. Good news, so far there are no visible side effects.
Update: 8/19 8:30am
Vent is currently at 60% and ECMO 100%. He was still on his stomach which means those numbers could change when they flip him over. Blood pressure is stable and per the nurse, oxygenation is “decent”.
Update 08/19/2020:
Ventilator has been set around 65% all day today. Blood pressure has been stable as well. The 2nd dose was started this afternoon and luckily no visible side effects. This medicine will take a while to show whether it’s proving to be beneficial. It could be Saturday before they know anything.
Update: 8/20 AM
Chest x-ray slightly better. They’ll take a repeat this afternoon and look more closely at it compared to yesterday. The vent is currently set at 60%. Blood pressure remains stable and with no meds needed. All other meds remain the same and Tommy seems to be still tolerating the new medication well.
Stock price aside, it looks like this is a possible solution, which would be awesome for serious Covid patients. Hope this works for this guy and for people that can medically benefit from it.
Update: 8/18
The vent is currently set at 100%. Vitals are stable but his blood pressure is running a little high. There was no change in the x-rays from yesterday. The new meds are being administered very slowly over the next 36-48 hours. Good news, so far there are no visible side effects.
Update: 8/19 8:30am
Vent is currently at 60% and ECMO 100%. He was still on his stomach which means those numbers could change when they flip him over. Blood pressure is stable and per the nurse, oxygenation is “decent”.
Update 08/19/2020:
Ventilator has been set around 65% all day today. Blood pressure has been stable as well. The 2nd dose was started this afternoon and luckily no visible side effects. This medicine will take a while to show whether it’s proving to be beneficial. It could be Saturday before they know anything.
Update: 8/20 AM
Chest x-ray slightly better. They’ll take a repeat this afternoon and look more closely at it compared to yesterday. The vent is currently set at 60%. Blood pressure remains stable and with no meds needed. All other meds remain the same and Tommy seems to be still tolerating the new medication well.
Stock price aside, it looks like this is a possible solution, which would be awesome for serious Covid patients. Hope this works for this guy and for people that can medically benefit from it.
BassNBrew
Footballguy
Great day for tech.
I just set up text alerts for FLGT at $50, $48, $46, $44, and $40. I may never own this stock again.
ghostguy123
Footballguy
EXC has been leaking down for a few days.
BassNBrew
Footballguy
Thanks for the heads up, just added more. No reason why this shouldn't be trading at $45.
ChiefD
Footballguy
Yeah, I got in cheap a month or so ago and sold today for a nice profit. Can't remember who recommended it either but a big thanks to them.
CGRdrJoe
Footballguy
BassNBrew
Footballguy
BassNBrew
Footballguy
I can't for the life of me figure out TAP. The financials look good to me. They did ####can their dividend. BUD has had a better bounce back. I'm up on this by 9%, but just added 15% more to my position at $37.18. Not going to get rich on this, but seems like a pretty safe bet to get a 10% return.
BassNBrew
Footballguy
Out of BBQ for a 12% gain. This was another PPP purchase I had forgotten about. The PPP loan didn't impact their numbers last quarter. Too risky and not really a company I wanted to be invested in long term so it seemed like a good time to exit. 9.3m shares and only 41000 traded today. There have been days with less than 1000 shares traded and I represented 50% of the trading volume.
Capella
Footballguy
BassNBrew
Footballguy
ChiefD
Footballguy
BassNBrew
Footballguy
Oh, it’s beyond ridiculous. Funny that the inclusion in S&P was the catalyst for the run up over $1000 and that begat the split and the split is the reason for the run up to $2000.Tesla over $2k is ridiculous.
The best part is that the only reason they were able to get into S&P (not sure that’s official yet) was because they had 4 straight profitable quarters and the only reason that happened was selling tax credits.
So, the stock has tripled on 3 things that have nothing to do with their products/core business.
I know it’s CV world this year but amazing that a stock can blow up like that for non-business reasons while the business’ revenue and earnings the last 6 months are actually less than the 6 months before that.Truly insane and amazing at the same time. I wouldn’t touch the stock now and I also am disappointed that I didn’t ride this heavy train when I remember thinking about buying it around $400 in March.
beef
Footballguy
Really, I have 23 parked in my driveway right now and 14 more on order. Don't we all?
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beef
Footballguy
I'd laugh my ### off if Elon sold all his shares and captured these gains. This run up has made him billions.Oh, it’s beyond ridiculous. Funny that the inclusion in S&P was the catalyst for the run up over $1000 and that begat the split and the split is the reason for the run up to $2000.
The best part is that the only reason they were able to get into S&P (not sure that’s official yet) was because they had 4 straight profitable quarters and the only reason that happened was selling tax credits.
So, the stock has tripled on 3 things that have nothing to do with their products/core business.
Truly insane and amazing at the same time. I wouldn’t touch the stock now and I also am disappointed that I didn’t ride this heavy train when I remember thinking about buying it around $400 in March.
dkp993
Footballguy
“Can’t we all just get along”It's an up and down world when CYDY goes up and RLFTF goes down.
I’m down with both going up.
Freak Show
Footballguy
Just sold MARK for 1.50 after hours.
LoadLetterPaper
Footballguy
-OZ-
Footballguy
Well yeah.Really, I have 23 parked in my driveway right now and 14 more on order. Don't we all?
It's kinda funny to me that the #1 reason I bought at all was my 15yo's infatuation with Tesla. I should have just put his college funds into the stock. Dude would be getting a doctorate "free" and possibly paying for his siblings college.
Bob Sacamano
Footballguy
