I'm betting on UPST holders taking profits before the November 9th earnings report

This pick is my gamble. I have not done deep research on this company. I believe this stock has been pushed up by momentum to insane levels. It is a young high growth company, but with a P/E of 450, a P/S of 54, and a P/B of 34 it has a lot more room to go down than to go up. There has been growth, but nothing has fundamentally changed with the business since its IPO. Despite that, the price has increased 1800% in just over a year. Again this is entirely my sentiment and I believe there will be profit taking before the earnings report on Nov 9th.

back

I'm betting on UPST holders taking profits before the November 9th earnings report

bearish

This pick is my gamble. I have not done deep research on this company. I believe this stock has been pushed up by momentum to insane levels. It is a young high growth company, but with a P/E of 450, a P/S of 54, and a P/B of 34 it has a lot more room to go down than to go up. There has been growth, but nothing has fundamentally changed with the business since its IPO. Despite that, the price has increased 1800% in just over a year. Again this is entirely my sentiment and I believe there will be profit taking before the earnings report on Nov 9th.

Comments

Write your comment....

Sign in to comment

read-time
< 1 min

300.00

Target Price

4/ 10

Confidence

1-2 Months

Timeframe
Share
catalyst icon
Earnings Release
catalyst icon
News
catalyst icon
SEC Filing
catalyst icon
Sentiment
catalyst icon
Other Catalyst

UPST Channel

Start new chat
aiodd-ad
next