[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.15600243 [View]
File: 26 KB, 473x485, Capture.png [View same] [iqdb] [saucenao] [google]
15600243

I normally teach you people about why you should buy ETSY.

Today though there is a different stock.
You might remember her from that time when it popped up and delayed your postings on 4chan.

YES cloudflare, symbol NET.
It just had an IPO on friday.

Balance sheet is good, debt is limited.
Enough cash to pay off their accounts payable, plus more to go around.

Downfall and it is a big one:
They don't make money, they are losing millions a year. Now sales growth is growing faster than expenses, but who knows when it will be profitable.

Conclusion:
After you make your money in ETSY, put a little in NET (Cloudflare) for a long term hold!

Navigation
View posts[+24][+48][+96]