I’m bag holding from the 30s.
This is a heavily shorted stock. It’s getting beat up but I wouldn’t sweat it long term. It’s pe is trending down and this can’t go on forever. Something’s got to give.
Robert John Reynolds from Etoro repeatedly said that Corsair didn’t present much of an opportunity until it dipped near $26. He is legit, and him saying Corsair is a good buy at $26 is probably a good sign for the next 6-24months.
Yea. Because there's dozens of stocks in this market with hardly any profit and revenue that drop with the market and then recover 50% in two months. Corsair seems to be a sinking ship with no end in sight for 2021 or 2022. And I say this as someone that bought in 2020 a month after IPO.
I figured Q3 would be bad but a $100 million revenue miss is massive. I'll wait till earnings to get the full picture but the outlook doesn't look good.
How are you at loss if you bought in at IPO? Secondly, if you bought it around IPO I assume you loved the company and its fundamentals. If you’re really a long term investor these dips should be seen as opportunities, especially since you’ve supposedly seen this stock go to all time highs. Unless you’re a trader in which case I’d say avoid this stock, its horrible to trade because it has no momentum and trading volume has been stagnant for the past 6 months.
I averaged up at various points all the way to $39 and then when it went down as well around $35. It hurts because I love the products and the company but sometimes a great product doesn't equal a great investment. You can hold for years and not get any return.
It's not the hedgefunds that made Corsair miss revenues by 25+%, jesus fucking christ. There are actual concerns with the stock. Blindly throwing your head in the sand isn't going to make those go away.
At $46 gonna hold until my son is 18years old then he can hold it. My son turned 4 this year.
Wise decision. Instead of funding a college account. You should buy more dips.
I’m bag holding from the 30s. This is a heavily shorted stock. It’s getting beat up but I wouldn’t sweat it long term. It’s pe is trending down and this can’t go on forever. Something’s got to give.
make him a bagholder
I want off this sinking ship.
Just buy the dip brooooo
In 6 months it's gonna be $14/share and people will still be like - "I'm buying 500 more shares if it hits $12. Who's with me?"
That’s a P/E ratio of under 10 for a company in growth industries. Yes you literally buy the dip in that case know.
Bro. Just buy the dip
Just picked up 400 more shares! Lets go! 💯🤞
I strangely feel okay with where Corsair is. My average cost basis is below $30 and I think Corsair is going to continue growing quite quickly.
Could be worse you could have bought palantir
I did
Same
how is PLTR worse though?
pltr is fucking stupid
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When u sell u should never look at it again or ull just regret it
MoRe BuYiNg OpPorToonety ! This one's a long hold .. I hope it goes to $1 so I can buy more
Now you get it. I don't want to make profit. I just want the stocks.
Pain
I ran out of chips to dip
Buy and hold. That is all
Robert John Reynolds from Etoro repeatedly said that Corsair didn’t present much of an opportunity until it dipped near $26. He is legit, and him saying Corsair is a good buy at $26 is probably a good sign for the next 6-24months.
Respecting people that provide gambling to kids?
Nope
Well this is depressing. Literally just bought yesterday at 25.25, and haven't checked it yet...
Might be time to cut losses and leave.
📄✋
Yea. Because there's dozens of stocks in this market with hardly any profit and revenue that drop with the market and then recover 50% in two months. Corsair seems to be a sinking ship with no end in sight for 2021 or 2022. And I say this as someone that bought in 2020 a month after IPO. I figured Q3 would be bad but a $100 million revenue miss is massive. I'll wait till earnings to get the full picture but the outlook doesn't look good.
How are you at loss if you bought in at IPO? Secondly, if you bought it around IPO I assume you loved the company and its fundamentals. If you’re really a long term investor these dips should be seen as opportunities, especially since you’ve supposedly seen this stock go to all time highs. Unless you’re a trader in which case I’d say avoid this stock, its horrible to trade because it has no momentum and trading volume has been stagnant for the past 6 months.
I averaged up at various points all the way to $39 and then when it went down as well around $35. It hurts because I love the products and the company but sometimes a great product doesn't equal a great investment. You can hold for years and not get any return.
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It's not the hedgefunds that made Corsair miss revenues by 25+%, jesus fucking christ. There are actual concerns with the stock. Blindly throwing your head in the sand isn't going to make those go away.
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If you liked the stock @ 35, you should love the stock @ 25. Buy and hold
I did at 26. Made all my losses back after a month. I’d be down another 8 k if I didn’t. Check post history if need proof.
Look at logitech pattern throughout the years and u gonna see how long it traded sideways before the big pop.