Thank you for that! For me, confidence in CDLX is going down, but more hope rests on it now after other holdings have become much pricier recently.
Regarding Austin Swanson, he used to offer some free material as well until last year and was basically always very bullish on CDLX, up to characterising it as a possible 1000-bagger: then after Q2 somehow I felt irritated when the stock crashed 50 percent and he tweeted that his CDLX allocation had been small because of certain warning signs. We know it's true that he saw it coming because he also said that he had informed his paid Substack subscribers. I guess I must have imagined some kind of etiquette principle where if you're bullish (or bearish) publicly then you should make it known publicly when you change your mind (in reasonable time, after adjusting your own position).
Then again, at least when it comes to the 1000-bagger idea, there is not really a contradiction, one could be long-term super-bullish and short-term bearish simultaneously. And in any case, the principle only exists in my imagination, I made it up without having much experience in this area.
Thank you for that! For me, confidence in CDLX is going down, but more hope rests on it now after other holdings have become much pricier recently.
Regarding Austin Swanson, he used to offer some free material as well until last year and was basically always very bullish on CDLX, up to characterising it as a possible 1000-bagger: then after Q2 somehow I felt irritated when the stock crashed 50 percent and he tweeted that his CDLX allocation had been small because of certain warning signs. We know it's true that he saw it coming because he also said that he had informed his paid Substack subscribers. I guess I must have imagined some kind of etiquette principle where if you're bullish (or bearish) publicly then you should make it known publicly when you change your mind (in reasonable time, after adjusting your own position).
Then again, at least when it comes to the 1000-bagger idea, there is not really a contradiction, one could be long-term super-bullish and short-term bearish simultaneously. And in any case, the principle only exists in my imagination, I made it up without having much experience in this area.
What’s your thoughts on CAS selling a material amount of shares