badumdum
2022-03-25

$Upstart Holdings, Inc.(UPST)$do the sellers know why they are selling for? High interest rates? Or generally not liking FinTech? Or because of Wedbush? Lol

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Comments

  • ken3355
    2022-03-25
    ken3355
    A lot of people simply do not understand how upstart make money. Apparently it's because Cranmer said something stupid yesterday.
    • ken3355Replybadumdum: 
      The key thing people fail to realize is, all upstart needs to do, regardless of high or low interest rates, high or low default rates, is to be better than FICO! That is the PURPOSE of upstart.
    • badumdumReplyken3355: 
      that is conjecture, that assumes that interest rates go up means people will default. I mean yes there will be defaults and delinquencies will go up but people won't stop borrowing because rates go up
    • badumdum: 
      he did?
    • badumdum: 
      he said "I don't think we're watching a one-to-one replay of the dotcom collapse. ...
    • badumdumReplybadumdum: 
      key word is unprofitable. Well, I'm not sure which part of the income statement did investors read then since upstart is profitable with good FCF.
  • BaronLyly
    2022-03-26
    BaronLyly
    Easy, pay $100 for a $400 stock, it will be back. Just have a little patience. Longs will be smiling again, watch.
    • CyrilDavy: 
      never trade with emotions. It will go down to 75 then rip to 150-200 then 75 then fly to 130-150 that’s how it’s in this market.
    • ChristKitto: 
      I wouldn’t be surprised to see UPST green in a red market. just hold on to your shares and calls. Buy puts just incase you worried.
  • littlesweetie
    2022-03-26
    littlesweetie
    man they say inveat in profitable companies and companies that grow. Upstart has both yet market is punishing them. What gives?
    • LeilaLynch: 
      it's not crazy market. But this stock is extremely volatile. I am bullish on this stock, but I am tired of all this no news swings.
    • MatthewWalter: 
      The long term looks golden, but short term with up to 3 possible 0.5% Fed raises coming this summer, there will be better buy in opportunities, price compression coming
  • AdrianTan
    2022-03-28
    AdrianTan
    According to Fintel, this stock has only aroind 55% institutional owners. Things tend to be volatile when bulk of shares outstanding are held by retail. As prices drop, institutions load up.
  • CrystalRose
    2022-03-26
    CrystalRose
    this stock is so predictable, this is the best play ever ✌️✌️😎If you can weather the storm, it always comes back.
  • MyrnaNorth
    2022-03-26
    MyrnaNorth
    Accumulation phase still underway. Would Wyckoff analysis suggest we are looking for another dip and then to spring up? 🚀
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