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?
cbass37 on
You’re going to full port based on Morningstar. ![img](emote|t5_2th52|4271)
TheDirtyDagger on
Because it’s July. Snow doesn’t fair well in the northern hemisphere in July
ulumulu23 on
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)
Soft-Introduction876 on
Because snow melts
desi_cucky on
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
Medium-Trick-8442 on
Snowflake simply isn’t a good product and I was never sure why it was so overvalued
tronbob on
Uncertainty very high
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
WSBonly on
“Economic moat – None”
Insani0us on
> **Uncertainty : Very High**
John_Bot on
Cause it’s a bad company with awful financials
If the market goes into a recession then trash like this will get crushed
MostlyH2O on
What could possibly go wrong?
Uncertainty: very high
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.
Damascinos on
No
NoPizzaRightNow on
Do alphabet instead. The analyst is named HODL (and a director). What could go wrong?
BosSF82 on
Jan 25 is hardly a leap.
longGERN on
Because they lose money and dilute . Therefore, up. I’m in for leaps too
Dragonmoip on
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
BingoCotton on
Do it. ![img](emote|t5_2th52|4267)
JayArlington on
Databricks will IPO in the next 12 months.
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
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?
JasonCO_2 on
I was happy to unload everything I bought in $124’s. Much better names out there to trade
IrrelevantMuch on
Because the chances of Cramer being right are slim
not_a_cumguzzler on
Cuz they’re just Bigquery. 1 of Google’s thousands of products.
You might as well full port Google.
OG_L0c on
A tech lesbian on Twitter has been short SNOW. It must be a bad investment
MPFishy on
Pusssssyyyy you won’t do it….
armchairtycoon on
Snowflakes buy SnowFLakes and watch it melt in their hands
faxanaduu on
SNOW is shit. Glad I dumped that… Shit.
SuperNewk on
Looks like SNOW is slowing down and not many ground breaking things are coming from it, but it does blow the IT budget!
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)
NotTakenGreatName on
14x sales, what could go wrong
Ackilles on
Lol buying based on analyst pts
FallenLeaf54 on
What app is this? Morning star? I think I recognize the font.
EyeSea7923 on
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.
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 😂😂😂
39 Comments
Because that capsule looks contaminated
Because you’re a pussy and wouldn’t do it.
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?
You’re going to full port based on Morningstar. ![img](emote|t5_2th52|4271)
Because it’s July. Snow doesn’t fair well in the northern hemisphere in July
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)
Because snow melts
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
Snowflake simply isn’t a good product and I was never sure why it was so overvalued
Uncertainty very high
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
“Economic moat – None”
> **Uncertainty : Very High**
Cause it’s a bad company with awful financials
If the market goes into a recession then trash like this will get crushed
What could possibly go wrong?
Uncertainty: very high
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.
No
Do alphabet instead. The analyst is named HODL (and a director). What could go wrong?
Jan 25 is hardly a leap.
Because they lose money and dilute . Therefore, up. I’m in for leaps too
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
Do it. ![img](emote|t5_2th52|4267)
Databricks will IPO in the next 12 months.
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
$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?
I was happy to unload everything I bought in $124’s. Much better names out there to trade
Because the chances of Cramer being right are slim
Cuz they’re just Bigquery. 1 of Google’s thousands of products.
You might as well full port Google.
A tech lesbian on Twitter has been short SNOW. It must be a bad investment
Pusssssyyyy you won’t do it….
Snowflakes buy SnowFLakes and watch it melt in their hands
SNOW is shit. Glad I dumped that… Shit.
Looks like SNOW is slowing down and not many ground breaking things are coming from it, but it does blow the IT budget!
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)
14x sales, what could go wrong
Lol buying based on analyst pts
What app is this? Morning star? I think I recognize the font.
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.
If you don’t know how to read these full reports and understand the “uncertainty” in here, I would go all in 😂😂😂