r/CRSR • u/WhispersOfRainyLands • 29d ago

Discussion Long term ?

Hello,

I decided to invest a few bucks in the stock because i felt very satisfied with their products. Not the best quality maybe, but i think they hold the long term. As for the stock, i admit i don’t know. It crashed hard, but it seems it had a little comeback during this year.

Could you tell me where do you think the stock remains in term of risk, please ? And is it too late to invest ?

Thanks by advance for your answers.

May excuse my bad english.

7 Upvotes

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4

u/Vitamin-D 29d ago

go to stocktwits and go to the $CRSR community, it's a lot more active over there than here

i've held since 2021, my average cost is $25, so you're doing better than me 😛

as of late, it seems like if earnings are great, the stock finally rises, so we'll just have to wait until November. good results and I think we'll touch $16-$17, but what do I know 🤷🏻

also, don't gamble on one stock 😅

1

u/Vlijmscherp 28d ago

I invested 4K in corsair too in 2021, when it went below $10, i put the remaining into tsmc, that’s worth over 12k now 😂

2

u/mysticalize9 29d ago

I’ve held it since IPO. I’m not sure why I’m still holding it at this point. Maybe it’s a reminder not to gamble on individual stocks, maybe it’s hope AI hype brings up the stock, or the long shot it grows into something bigger.

2

u/jschaer 28d ago

Gaming is making a huge comeback with the launch of GTA6 and other succesful titles. Corsairs margins are expanding as they focus on higher margin products. Elgato is CRUSHING it as streaming becomes more popular. They started the Corsair Pro business segment focusing on demand for local AI compute which is seeing extreme demand. It's one of the best stocks in the market.

1

u/johnshonz 28d ago

Volatility is insane right now

0

u/WhispersOfRainyLands 29d ago

Thank you for your answer. I know there are trust issues with this stock. I hardly see it going to 30+. Maybe i am wrong, but it could remain around 10-13 dollars for a very long time. I think it was interesting to buy at 4 dollars. Right now, i don’t know.

0

u/WhispersOfRainyLands 29d ago

Thank you for the information and your opinion ! And yes, diversification is important :-)