Coinbase stock lost over 75% value

Post by tshaddox » Tue, May 10, 2022, 4:06 AM UTC

kortilla wrote: post #282

cj wrote: post #31

I’m particularly sad to see Cloudflare’s stock having plummeted. Out of all the tech companies that IPO’d in the past few years, Cloudflare is one that the most potential to excel long term. Developer sentiment towards Cloudflare is comparable to Apple fanboys of the previous decade, and their products are legitimately good, backed with tangible assets (datacenters). They also have consistent growth quarter over quar…

Opposing view. Cloudflare doesn’t own anything significant in the form of data centers. Having small rented footprints at IXPs across the globe is not an asset, it’s just a cost. I’m not downplaying the difficulty of getting it setup but there is no intrinsic value in having it if demand for their product collapses. > Developer sentiment towards Cloudflare is comparable to Apple fanboys of the previous decade This is…

Post by rizzom5000 » Tue, May 10, 2022, 4:09 AM UTC

brundolf wrote: post #270

gen220 wrote: post #200

Earlier quoted context omitted.

I'm a NET watcher/holder, I've read most of their earnings call transcripts and SEC docs since the S-1. IMO, they were way overvalued at their peak on fundamentals. With the recent slide, I think they're "far" undervalued, to an extent that varies based on how much value one attributes to present and future tailwinds that cannot be encoded on a balance sheet as future receivables. Boiling it down, I think institution…

This may be the wrong place to ask, but if a regular person wanted to buy stock in an individual company or two, and mostly hold it (not day-trade), what's the right channel for that? Might put some fun-money in Cloudflare

Post by roflyear » Tue, May 10, 2022, 4:10 AM UTC

scarface74 wrote: post #168

sulam wrote: post #126

Earlier quoted context omitted.

I lived through the dotcom bust, the financial crisis and now this. Long term it isn’t going to be any worse than they were. In 2-3 years we will be recovering. I feel bad for people who can’t wait out a market cycle, but that’s what this is, somewhat exacerbated by the Fed’s actions leading up to this point.

It took 15 years for Nasdaq to recover from the dot com bust. The S&P 500 was flat from 2000-2010.

Post by hardwaresofton » Tue, May 10, 2022, 4:11 AM UTC

Johnny555 wrote: post #163

dQw4w9WgXcQ wrote: post #141

Earlier quoted context omitted.

Peloton is headed the way of GoPro. They were a pandemic fad for folks stuck in their homes and now you can't get rid of them on FB Marketplace etc.

I'm not sure they care too much how much their bikes earn on resale as long as they get new owners, even if people give them away for free they earn money when those new Peloton owners subscribe at $40/month.

Post by bradlys » Tue, May 10, 2022, 4:12 AM UTC

closeparen wrote: post #287

bradlys wrote: post #271

Earlier quoted context omitted.

Probably works in some parts of the country but it doesn’t work in SV unless you’re mega-wealthy already and paid off your house.

It works if you live by yourself in a 1BR. To pay the mortgage on a family home you probably need to sell RSUs. It is also super risky to to buy a house you need RSUs to hold on to - exactly the kind of risk that is unreasonable if you have a family.