this post was submitted on 19 Jul 2024
1186 points (99.5% liked)
Technology
59600 readers
3406 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Nice. The first comment is basically saying, "they're best in class, so they're worth the premium." And then the general, "you'll probably do better by doing the opposite of /r/wallstreetbets" wisdom.
So yeah, if I wanted to gamble, I'd be buying calls for a week or so out when everyone realizes that the recovery was relatively quick and CrowdStrike is still best in class and retained its customers. I think that's the most likely result here. Switching is expensive for companies like this, and the alternatives aren't nearly as good.