To The Moon

$Figma(FIG)$ 1. Is it a buy if it dips under $50?

Sub-$50 would start looking interesting for traders with a medium-term horizon. The revenue beat and improved profitability show the business has momentum. That said, valuation still matters — Figma trades on growth multiple expectations rather than fat earnings, so $50 would be more of a “speculative nibble” than a deep-value entry.

2. How do I view the lock-up extension?

Extending 35% of shares is a double-edged sword. On one hand, it signals confidence from key holders — they’re not rushing for the exit. On the other, it leaves investors wondering what happens when those shares do eventually come off restriction. Think of it as putting a “snooze button” on supply pressure.

3. Still not the bottom, or priced in?

The market usually prices in known supply events before they hit. However, with sentiment so fragile in growth tech, any whiff of early selling could exaggerate the drop. I’d expect volatility around expiry, with dips providing opportunities for patient buyers.

4. If it dips to $33 — IPO price — would you add?

At $33, you’re essentially getting a “nostalgia discount.” That level would attract plenty of technical and psychological buying interest. If the fundamentals continue to improve, I’d see $33 as a strong accumulation zone — provided you’re comfortable with the risk of catching a falling knife in a high-beta stock.