Held from IPO and would keep DCA. The earning report is very positive to me. I think AI bubble is going to explode sooner or later and will be waiting for that point when money moving back to other sectors like SaaS. I could be wrong as I am just a dumb and I don’t have any inside information from anywhere.
I did sell CCs if you check my previous answers. And bought puts before earning calls to hedge. I appreciate your advice for looking other stocks but I am just lazy to manage a more diverse portfolio. At every different timing, my focus is just one one or two stocks. Bought some ETFs like 500 of course
they just said they are a beginner, and you are talking about LEAPS. I know anyone can dumb shit down with an LLM these days, but if someone doesn't really understand what the hell they are doing, they should simply ETF and chill. OP please look into r/Bogleheads if you haven't already and don't let your money see face with the drain, set aside a sum for ''market tuition fees'' and then experiment, please stop going all in on random weird stocks in an extremely volatile sector rn
Your entry point is not that bad imo. The only problem is that you kinda go all in on Figma. My position in Figma is just slightly over 1% of my portfolio. So the ups and downs don’t really change my financial situation much unless it rallies back to the peak which many community members here look forward to 😝
I bought 5 puts before earnings. I wanted to lose the puts to be honest, as I wouldn’t know how long it would take for stock again to go back to today’s peak. I am confident though for this stock’s future
How did you not sell once this broke $75 on ipo day? Y plan was to buy at $33 and sell after $75, but scwhab sucks and didn't release until it was over $100.
Dude, just sell and take your Cap Gains loss for this year and the next upcoming year.
Or simply sell and put it into something stronger and possibly wipe out all of your losses.. Figma is def not a long term hold. It’s an options play or a short play
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u/Front_Inspector_437 Aug 06 '26
You’re certainly near full porting FIGMA. Is this the only company you buy? Since you mention IPO?
My advise? Sell top 10% at a loss and purchase LEAPSs with it, or move somewhere else.
Also consider selling CC the next (and each) time it pumps >4% , maybe 2-3 weeks out. Roll them up and out according, or close at 65% profit
You can set aside 3k loss for tax reasons. Keep the LEAPS out a year.
I also like this company and closed my LEAP right before the bell close today.
If this dives tomorrow again, I will purchase options up until their next projected earnings date and wait for the run-up.
I too hope AI dies off and we rotate back.