Since I indicated I enjoy owning stock, and since it seems possible to probable someone will jump on me about stock investments in a stock price that is going down. They are called "puts". It was obvious to see with the creaking up of our fees, the massive investment program Upwork engaged in in FY2018/early-90, this firm was going to have profit problems. Hence. Puts.
You people live inside a company. That is the best source of investor information on this planet. All along, you were seeing Upwork struggling to meet all their objectives, struggling to consolidate, grow. All of the problems you daily reference. All along, the answer has been obvious. Puts until the stock bottoms out, which it probably has in terms of relative potential gains from the put strategy. Now it is simply a time period to observe the new CEO, track quarterly earnings projects, match to actuals, and get a "feel" for how the company is clicking along."
All along, you were living inside a company. The most valuable way to understand it and great news. Since we are not employees the information we can see -- and experience. Is free for us to use as we see fit on the investment side.
So we can bypass clinks and clunks associated with the joy of investing in this company. Put strategy for 1-1/2 years and the share price trajectory obviously indicates how pleasant that was.
Kostya B wrote:
Who can explain why upwk stock quote falling trend is so continuous ? It's kind a discouraging how weakly the upwk performs.
Though there are obviously other factors and the decline started earlier, the fact that California has effectively outlawed a huge swath of freelancing work and the federal government in the U.S. is currently attempting to outlaw an even broader swath and do so across the country can't be helping estimates of Upwork's potential future value.
On the good news side, I can sell 400, 500, 800, 1000-word
thought-capital-class pieces for a heck of a lot more than I can sell
30-word social media posts.
You think the upwork community is social media? That doesn't sound right to me although I bet somewhere out on the webs there is someone arguing that a forum is social media, I don't think it is.
I think this is a place for discussion (and arguments perhaps a bit of childish antics) but not a place to self-promote and build audience. It isn't about followers and friends it is about participation. Mostly people want to give of their experience and others hope to learn, but nobody is preaching any sermons here.