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VRNS

Varonis Systems Inc

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Aight dude, you gotta calm down. You're right that these companies aren't comparable to UNH directly, they're more comparable to CNC. My thesis is that for these 3 companies (and CNC) there's a floor (assuming no bankruptcy, which I only see possible for VRNS). The floor being a depressed EV multiple assuming depressed earnings in the future. That's different for each of these stocks, but using FI as an example I think that's somewhere around 45-55. For me, the RR here is losing 40 points (from my entry, which wasn't great) vs making 40-100 points depending on the outcome. It's a \~2:1 RR where the only irresponsible thing is the size imo
you need to prove why they're irrational rather then just outright assuming that they are. looks like FI you're already down quite a bit, LRN as well, only VRNS you're up, and barely up - not enough to make up for the losses of the others. good job I guess?
VRNS took the same huge drop, bought some of both for the bounce 🤑🤑
Disclaimer: if I had to choose one position out of these, I'd go only with LRN. IMO, if you haven't taken too big of a loss, I'd recommend overweighing LRN and keeping some FI. VRNS is a higher risk play, but cheaper stock with higher percentage upside.
I hope you like cup-o-noodles 3 times a day. Update: just looked at top losers on yahoo, top 3 are LRN, VRNS, and FI, is that how you came up with this trading strategy?
VRNS is bound to shoot up today. The fall yesterday was way too dramatic. Yes, terrible earnings but the fall was over the top and I believe it will regain a fair bit on open.
VRNS getting sold like it’s gonna get delisted, SMH
VRNS, Dude wtf happened
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