Sold out of CRWD late last year because I saw the risk of a miss-step, weighted against it being overpriced back then. Common sence tells you this is a risky business, either from the inside through error or cyber attack from the outside. Could drop back to my target price now this is playing out. Time will tell.
CrowdStrike Is Sued by Shareholders over Huge Software Outage
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Hold it for long term, they will get through it. Best Cyber Security Company out there but it will take time for them to regain customer's confidence and reassurance.
The last time it was this low was back in early December of 2023. I think someone is going to get fired.
Take this as more of a long term investment at an insane discount imo.
Strong buy NVDA and AMD. Short this garbage.
Love watching this overvalued trashbin continue to fall.