Looking at Jan 17/25 150C mainly

    https://i.redd.it/yb56dxm9qi9d1.jpeg

    Posted by avgDegen

    39 Comments

    1. PaleontologistDeep80 on

      Because noone knows whats gonna happen in 6 months and you are going off of 3 analysts. And you really want 100% of your capital in this huh. What about this, tell me why this isnt gambling? Why not just buy 1 leap?

    2. TheDirtyDagger on

      Because it’s July. Snow doesn’t fair well in the northern hemisphere in July

    3. You definitely should yolo everything OP, this is the way ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4271)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4267)

    4. How much you have to yolo. Dont be stupid if u already have more than 100K. That money is enough to invest for 5 years plan

    5. Medium-Trick-8442 on

      Snowflake simply isn’t a good product and I was never sure why it was so overvalued

    6. Drinkablenoodles on

      Big money is flowing out of semis and into things like SNOW and CRM right now I wouldn’t full port but I think long dated calls will do well

    7. Cause it’s a bad company with awful financials

      If the market goes into a recession then trash like this will get crushed

    8. ElectricalGene6146 on

      They are getting punished by databricks. It’s not that great of a product and if databricks was public, you would see that picture much more clearly.

    9. NoPizzaRightNow on

      Do alphabet instead. The analyst is named HODL (and a director). What could go wrong?

    10. It’s a good buy but not full port, you’re better off picking 10 stocks, one of which is snow, and allocating 10% port onto leaps for each

    11. VisitorAmongUs on

      Snowflake is a great product (my company uses it) plus the new ceo is an ai applications guy. The coming applications are going to blow the doors off. This stock is MASSIVELY undervalued. YOLO

    12. WorkerPrestigious958 on

      $14 price per sale is a very expensive tech company. If subscription revenue does not maintain a very high growth rate, that multiple will quickly drop.

      Taking an all in approach over the next 6 months is you arguing that Snowflake has a fundamental advantage over Google, Amazon, and Microsoft that will keep the acceleration.

      While Snowflake is investing in On-premise to expand their potential market share, I think it still has headwinds compared to the big 3 who are going to invest heavily in AI/ML which I think is ultimately the future of data warehousing. Sometimes you have so much data, it’s hard to draw connections.

      You also have a high interest rate environment. If rates fall, that would benefit SNOW as investors move more towards growth.

      I’d be interested in what catalyst you see in SNOW?

    13. I was happy to unload everything I bought in $124’s. Much better names out there to trade

    14. not_a_cumguzzler on

      Cuz they’re just Bigquery. 1 of Google’s thousands of products.
      You might as well full port Google.

    15. Looks like SNOW is slowing down and not many ground breaking things are coming from it, but it does blow the IT budget!

    16. League_Exact on

      Price/sales higher than both amazon and alphabet, price/book higher than both amazon and alphabet, economic moat: none, and all of that is just from the picture that you are using to prove your yolo. I fucking love this sub, peak ragarded plays and trades every hour![img](emote|t5_2th52|4271)

    17. They just about fucked everybody who invests in them. For some reason, not a bad company, just can’t perform. Like Tesla without the Elon hype and cult following.

    18. Remarkable-Sock9004 on

      If you don’t know how to read these full reports and understand the “uncertainty” in here, I would go all in 😂😂😂

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