Investment ThesisAsana (NYSE:ASAN) shares are soaring rapidly premarket. Investors have latched onto that Asana's CEO is resolute that the company is undervalued and is once again putting his money where his mouth is.But from where I stand, I don'tsee much value here. Note, I was bullish on this stock as we headed into the earnings print.Author ratingI had a contrarian call on this stock when few others would even consider the name. But with the share price now at $22, I'm calling this a hold.Co-Founder and CEO Dustin Moskovitz Buys Shares More SharesMoskovitz to purchase up to30 million shares of Asana. Depending on the price that these shares are bought at, this could mean that Moskovitz could be buying up somewhere north of $700 million worth of stock.Incidentally, recall that Moskovitz
$SoFi Technologies Inc.(SOFI)$ They can't pin the price forever. I'm sorry for the traders but holding long is still going to pay off big. Noto is very aggressive. He probably has already established more partnerships, expanded into more countries, built more products, signed up more customers for gallileo. Marketing for SoFi is AMAZING! We will always be behind on the news but this stuff is happening right now. In the meantime BUY MORE SHARES!
$GameStop(GME)$ “If the short squeeze happens, the stock could go to infinity, practically” - Thomas Peterffy Chairman of Interactive BrokersHe’s speaking on GME
$Snap Inc(SNAP)$ broke its Darvas Box to the downside today, big red volume bar on daily. I went short right after opening so got a pretty good price. We'll see if it sticks
$Alphabet(GOOG)$ People know google as a search engine. In the future people will know google as the leader in autonomous vehicles. A market with growth beyond imagination
$Cloopen(RAAS)$ It IPO-ed at $15 It is growing at 40-45% It is associated with a group that has launched other reputable spin-offs like Pax Global Technology It is an alternative to the big boys like Alibaba cloud when the Chinese government is seeking to stop monopolistic tendencies ...what is not to like?