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SVCO
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Viewing post by MICROMAN

MICROMAN 9 months ago bullish

Remember the global computer crash of July 2024? One year ago a faulty CrowdStrike update brought the entire world of IT to a halt while overworked sysadmins scrambled to purge the broken patch and restore critical systems. Many feared it was the end for the company as its stock initially plummeted from around $345. However CrowdStrike mounted an unbelievable comeback through crisis management and closed door dealings. Today CRWD is at a whopping $470+ highlighting just how much quality of your product does not matter in today's economy. It's a valuable lesson for investors to recognize fundamentals are only a small, often insignificant contribution to the valuation of a company.

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