Lightspeed Commerce Inc T.LSPD

Bought more cheap shares

[VenturePlayer88]

Bought more shares from scared people it's a good day

[VicesVertus2222]

The selling this morning is not due to scare. OPEC kept a lid to their monthly production increase, thus impacting NASDAQ which is very sensible to risk of inflation and possible rate increase since many rech stocks rely on financing until theybecome profitable. LSPD being one of those. IMHO

[VicesVertus2222]

As I wrote last week, 113 is the next support. If it breaks, 97 will follow. Then, I will have a good look at it. IMHO

[Form001]

Check TOST, IPO at 40US, up to 65.00 and strongly short, Jim Cramer said not to buy TOST because the price is to high, that means, buy at 20US, LSPD is in the same index, this why is a falling knife.

[1condor]

2 weeks ago I posted that 160 was the top...and well that was a decent call. However on the flip side I thought 135 would hold on the downside...this was before the shorter made their face known. Will be interesting to see if the 105 level holds. Not a holder but will likely consider a position on this weakness.

[Form001]

MA 200 is at 98.00, will see.

[1condor]

Continue to monitor this steep selloff...will 105 hold? I dont hold the stock but will wait for an uptick before considering a position. 

[Form001]

Not a good idea, falling like a knife. Need more info before any purchase.

[Pachuko]

That would be an ouch I suspect. Are you going to average down again today for more "cheap shares"? I bailed at 122 after waiting too long for what I thought would be a quick rebound but there is something afoot here more than just the short report. Made great profit from my original purchase so not stinging from waiting a little long to bail and not worried about buying back in til