Yes, I’m obsessing over this sector. Fuck off and leave me alone. There are a thousand other sectors to buy (maybe not that many, but fuck off) — but this is the most important. The cloud humpers are where the VC fuckers are positioned and the entire mood of the market relies on the daily fluctuations of CRM.
Over the past 3 months, this sector has been ravaged. I blame the We Work catastrophe. But here are a few names for you to watch, canaries in coal mines if you will.
ZS
CRWD
ZEN
HUBS
WDAY
Three month returns on those stocks range from -27% to -50%. People who are long in size aren’t men anymore. Women who are long those stocks are now thinking about finding a rich man and becoming a house wife. There isn’t any mercy on Wall Street. I just booked a 13.5% loss in NET because of this hatred for cloud stocks. The whole world has gone crazy and I’m sure we’ll all reflect back on these dark days with comedic relief. We will be fat and rich and eating rare steaks, pushing plumes of cigar smoke into the ceiling tiles, thinking “boy what a stupid cunt that person was for selling out of those SAAS stocks in October of 2019.”
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You all envy me. I can feel it. (extra Joker)
Not even close. I pity you.
“As you know, madness is like gravity…all it takes is a little push.”
I great mind has ever existed without a touch of madness.
No great mind
Don’t fight the value trend. My southern fren! It is what it is.
Wtf are you talking about? CRM is barely even down from its high.