10-25-2021, 09:26 AM
(10-25-2021, 08:57 AM)crimsonghost747 Wrote:We can't help what the market does but if they beat growth estimates by 25% for two years it's still iffy from here. A dip will come.(10-25-2021, 07:36 AM)fenders53 Wrote: I did some DD on Unity. A wonderful company at a terrible price. I like their chances but they are a couple years away from being worth todays price. I'd need a dip to even nibble.
It has had some great dips during the short time it has been a publicly listed company. We may get another one in a couple of weeks once their Q3 comes out. As you said, it's a wonderful company but at today's price the expectations have to be very very high. I personally don't expect absolutely massive growth numbers right now, this is more of a "let's see in 10-20 years" kind of a play for me.
But yes, I would definitely not back up the truck at these prices. My own average cost is somewhere around $120 and I'm ok with that but I wouldn't want it to be any higher.