unluck. Happened to me with gitlab before er's. Bought - CFO (more or less afaik) poached by snowflake and market panciked "oh no cfo left". Bought leaps, was ok. Just held, but 250k wiped out. Now up +10% like two weeks later. DD: github needs competition
It's gonna hit 70+ lol. Market reacted badly to CFO leaving (basically poached by snowflake) and it bounced right back. Nothing wrong with company. It'll get there, give it like 6-12 months
GTLB isn't a loser atm lol. It bounced right back immediately. Market overreacted to CFO leaving (he left gitlab for snowflake - had not much to do with the company itself). This is current UPNL, I'm down (quite literally) 1% on a highly leveraged option. That's like a 0.2% move on the underlying.
https://preview.redd.it/gylpxa4vhdof1.png?width=1051&format=png&auto=webp&s=f5ed971f57ea805346e3de7e27e2fda2398583ad
Possible but the last week 194k shares were bought and it looks like the CFO bought another $39k yesterday or day before. I honestly have no idea but from what I can tell could be a big swing coming worth throwing few hundred at if you got it
META CFO SAYS USER GROWTH NEAR SATURATION IN MANY DEVELOPED MARKETS BUT CONTINUES TO EXPAND GLOBALLY ACROSS FACEBOOK, INSTAGRAM AND WHATSAPP; NOTES SIGNIFICANT HEADROOM IN SELECT MARKETS NOT YET SATURATED – GOLDMAN SACHS CONF $META