There’s a major difference between KLAR and HOOD/SOFI. HOOD and SOFI were in clear states of accumulation after their post-IPO selloff, meaning if they found profitability, their next moves were up into markup. This is the most profitable time to hold a stock where the largest gains are made in the shortest amount of time. The accumulation period, however, often takes a couple years (see PLTR).
KLAR is still in its post-IPO sell-off. It hasn’t bottomed. It hasn’t stabilized. Even if the knife stops falling today, you still have several years of opportunity cost while you lock up your money in a stock that needs to accumulate.
Instead, just watch earnings and set alert for breaks of new highs on strong volume driven by a change in profitability. This saves the wait and still collects all the gains.
Good analysis.
There’s a major difference between KLAR and HOOD/SOFI. HOOD and SOFI were in clear states of accumulation after their post-IPO selloff, meaning if they found profitability, their next moves were up into markup. This is the most profitable time to hold a stock where the largest gains are made in the shortest amount of time. The accumulation period, however, often takes a couple years (see PLTR).
KLAR is still in its post-IPO sell-off. It hasn’t bottomed. It hasn’t stabilized. Even if the knife stops falling today, you still have several years of opportunity cost while you lock up your money in a stock that needs to accumulate.
Instead, just watch earnings and set alert for breaks of new highs on strong volume driven by a change in profitability. This saves the wait and still collects all the gains.
Wow such an unexpected and welcome follow-up on Klarna. And for your confidence building leadership of such an interesting seminar/colloquy.