Bootrade
07-20

$CrowdStrike Holdings, Inc.(CRWD)$ 


It's was a good stock with great future guidance but today incident has hit this great potential company hard. Company will face major lawsuit from Airlines, IT companies, Banks, Transportation company. The outlook of this company turned within a day. I wouldn't jump buying the company until lawsuit are over. Cyber security stocks gain massively from this downfall of this company.

Will try some put option next week expiration $CRWD 20240726 250.0 PUT$  Will see how it works out  

$Palo Alto Networks(PANW)$ $SentinelOne, Inc(S)$ 

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Comments

  • Rupee
    07-20
    Rupee
    Yes, one incident enough to loose customers confidence and big hit to noboard new customers , technically stock should remain under water for some time
    • Bootrade: 
      Yes I agree. Other cyber securities company will find themselves new clients. No way this company market cap will worth 80b. Next earning we will how CEO respond to upcoming year end earning.
  • Azerone.Kee
    07-20
    Azerone.Kee
    it's a good chance of buying at the low price now.
    • Azerone.KeeReplyBootrade: 
      [Like]
    • Bootrade: 
      It was a great valuation on Thursday but Friday I’m not too sure. There are comments in X, the shareholder are worried about lawsuit cases under CEO post. How much lawsuit not too sure but people are estimating figures to be in billions.
  • Lolollol
    07-20
    Lolollol
    Not sure how much compensation need to be pay to the customers
    • Bootrade: 
      Definitely in billions. How can a company release update without testing knowing it can cause grave IT outrage. They have yet to fix their falcon sensor and experts suggest it may take days to resolve the security. This stock will be one to watch this few weeks.
  • Sushil
    07-21
    Sushil
    this is a faulty argument. the world cannot sue ctowdstrike. only Microsoft can. the world can sue Microsoft but this is not going to result on billion dollar damage payouts. crowdstrike stock will recover. hopefully some executives will be fired for the lapse though.
  • ICEsh00ter
    07-20
    ICEsh00ter
    insurance will cover the losses.
  • peanutz
    07-21
    peanutz
    Great article, would you like to share it?
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