Soprano@Soprano

3Mon

Looks good, what was the problem here?

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Carles@Carles

3Mon

@Soprano
$OKTA is priced for perfection, this is a growth stock and numbers were ok but they fell short on the guidance… and analysts are expecting short-medium therm headwinds.
In any case I didn’t expect this kind of reaction, almost 20% down seems too much 😅

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Soprano@Soprano

3Mon

@Carles Okta is a kind of speculative stock for me. I’m not going to buy a huge position because I am not very versed in their business model and how it will perform long term. But you’re right that the market reaction is once again too extreme and the stock is oversold.

I’m glad I waited until US markets opened today but I just grew my position by +50% and will buy another time if the dip keeps dipping

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