Shit's tooooo steep. Short it.
Commento:
Shoulder incoming, looking good, duuuuuuuump it.
Commento:
Calling tops is hard. Drawing lineis is hard. Zuora is still dog shit. Duuuuump it. My guess is consolidation between $25-$29 for a week or so before final dump down close to ipo prices, but who knows..
Commento:
Charade you are! Deuces Zuora. Price target: $20 until next earnings call at end of August
Commento:
2nd pop up was bizarre. Lot of price action for no news or fundamental changes. Thesis is the same. This is not a good stock. Indicative of a tech bubble like SVMK IPO. Tien Tzuo is a snake oil salesman. Would rather push his dumb f**king book and his delusional new paradigm than actually create something worthwhile. Due to otherwise bullish prevailing conditions, closing short here at $21. Inflated stock prices seem likely for the next few years. Only looking for shorts if they're screaming. Buying amzn dips in the menatime