Lightspeed Commerce Inc T.LSPD

Well

[masfortuna]

I just bought in. nothing much.  500 shares. We will see...

[zalmonella]

I just bought in. nothing much.  500 shares. We will see... Well, I just did the same, but two days ago.  Thought it was a good deal.  You got a better one.

[masfortuna]

LOL! I should have bought more...

[1condor]

masoftuna...I could be wrong but I do think this rally will be brief. I believe we have day traders in here looking for a quick buck and they will exit on any sign of weakness which will drive the stock down again. We will see tomorrow if traders are willing to hold into the weekend. Congrats on the timing of your buy today.

[masfortuna]

ok thx condor. i am pretty sure that all the bad news is priced in. the only wildcard is the tech selloff in general. lspd will follow techs at this point lacking any catalysts. gl

[bluesjunkie]

Condor, though I could be wrong because the markets are really illogical these days (look what happened yesterday, it was absolutely nuts, nobody could have called that instant turn on a dime rebound, yesterday all of the markets should have been plunging and drowning in the red), I don't see traders holding into the weekend.  There's too much uncertainty, negativity and volatility in

[masfortuna]

The problem is that it's occurring in all sectors.  So if I am going to risk my cash, I might as well do so in a company that has 1 billion tucked away and is expected to grow at 30-40%.  Normally I look at the 50dma Or the 200dma but this has been dropping so you can't really gauge sentiment from those. As I said yesterday, this will trade now with the tech sector and should

[ol_griz]

Bought more today, $32.30.  Problem is, that only takes me down to $37. However, since I sold over $140 last year this is not so painful and is surely at least "bottomy". Can't see that there's anything likely to change in performance.  CEO who unfortunately began to suffer from hubris is out.  People will continue/increase eating out and the machines will continue

[BiggyG]

Every time I am ready to buy I see the support #s weaken, Still not convinced we have reached the basement yet. GLTA Support & Resistance 3rd Resistance Point 39.47 2nd Resistance Point 36.37 1st Resistance Point 34.81 Last Price

[masfortuna]

??? There are NO resistance points. It's dropped from $164. Unless you look at the charts from 2 years ago which was a completely different company.

[MyHugeErection]

Condor, sure there are some day traders like me here but I've been doing it for well over two years.  Most day traders, 90 to 95% don't last more than 1 to 3 months, maybe 6 months at the outside, if that. They see an easy way to make a quick buck but don't realize how difficult it is to make money day trading.  But I really don't think there are that many of us here as

[1condor]

MHE...I am not doing any short term trading of this market at this time. I am still holding my oil and gas stocks and a couple other defensive plays...but for the most part just sitting on a big cash position since early January. I am monitoring LSPD for a trade however with current world events the extreme swings are now occuring hourly (or less) making timing on entry/exit on trades near next to

[bmeister2]

I am not sure but some investors must think Lightspeed is an arm of Putins army as to why it is stagnant. Its business is e-commerce and should be really starting to move with the pandemic generally regressing into an endemic which will always likely be here. So, with businesses re-opening, restaurants not requiring masks ( did they ever in the U.S.) lspd should propel forward very rapidly in this

[1condor]

bmeister...tech is definately out of favour being replaced by value investing. Also, the rising interest rate environment doesnt help the sector. I am not a holder of LSPD but price is getting very close for a trade.

[1condor]

What an ugly trading pattern...stock is down no matter what the general markets do. Will be interesting to see where this one settles out. Sure looks like it wants to break below 30. There is a good trade here..but not yet.

[BiggyG]

No interest until under $30.

[1condor]

BiggyG...Just wow...all the way down from 160+ in such a short period of time. Stock is back at prices not seen since the beginning of the pandemic.  Agree below 30 coming on quick...and would expect at least a technical bounce soon. Not a holder but patiently waiting for an entry point on a short term trade.

[BiggyG]

Same here 1Condor, not an owner but looking for an entry point for a trade. Time will tell. 

[bmeister2]

No logic to any markets now thanks to Putin today. Look at jobs and employment numbers. year over year salaries up over 5 percent which helps with inflation so the war is really focking things up. Can't one see the similarities to the start of world war 2 and today? Can't appease Putin so bomb the fockers .

[1condor]

biggyG...taken to the cleaners again today...one has to wonder where the bottom is on this one? I certainly am not going to fight the trend. Sitting on the sidelines and waiting for a trade.

[BiggyG]

1Condor, based on my technicals the SP just dipped below the 3rd level of support. I am with you to just sit tight for now. Here is the most recent S/R Support & Resistance 3rd Resistance Point 34.50 2nd Resistance Point 33.75 1st Resistance Point 32.45

[1condor]

BiggyG...I am okay missing a few percentage points on the uptick. There is no way I am grabbing this falling knife. Thanks for the support levels.

[BiggyG]

1Condor. anytime. likewise I am not worried about the eventual runup starting without me. I can catch a trade or 2 on the way up