Yesterday, I was checking our accounts. I noticed FSLY was up 200% from last year. I decided to HODL instead of sell. I thought it might benefit from AI like memory chips did. I didn't want to miss out of tremendous gains like memory stocks have experience.
Well, FSLY reported earning after hours and fell 22% 28% due disappointing results. So much for my thesis. I am still going to HODL. However, I'm glad I don't buy options in anticipation of good or bad earnings results, since I tend to expect the opposite.
I still lost, but since I own shares, I can be a bag holder for a while longer and hoping my thesis is right in the longer term.
This is not financial, stock picking nor investment advice. Please consult a professional advisor.
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