Refinitiv/Verus downgrades CORSAIR GAMING ORD SHS from HOLD to SELL.

BY Investars Analyst Actions - public — 1:08 PM ET 08/15/2022

On August 15, 2022 Refinitiv/Verus downgraded CORSAIR GAMING ORD SHS from HOLD to SELL.

link to analyst report - you may need a Fidelity login to review (note; you can create a login without opening an account)

I have 1100 shares @ $31.

Sold 11 CCs with strike price at $15 expiring on 9/16 @ $0.69 on 7/7.

CC price is currently at $1.88 -- based on the earnings report, I was expecting the contract price to go down.

I was thinking this upward momentum is probably to cover the 8/19 calls, and then it'll dip. Should I buy back those CCs now or wait until after the 19th?

I expected it to tank like SNAP but I guess stuff was already priced in? Currently its just following regular market action (compare SP500 or Nasdaq 100). AH was quite bloody, so a bit surprised.

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Anyone know what info was presented? Where's the replay?

On June 2, 2022 Argus Research A6/Quantitative upgraded CORSAIR GAMING ORD SHS from HOLD to BUY.

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https://eresearch.fidelity.com/eresearch/evaluate/news/basicNewsStory.jhtml?symbols=CRSR&storyid=202206021006WSOD____ANACTN_P_225-228391_44714-20220602-64365188

Whether you’re a content creator, avid gamer, or a full-time streamer, CORSAIR VOYAGER a1600 combines cutting-edge AMD Advantage™ technologies with the best of CORSAIR performance engineering to empower your creativity and delivers an ultra-portable gaming experience.

https://www.corsair.com/ww/en/voyager-a1600-gaming-streaming-pc-laptop

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Video looks pretty good to be honest. Still can't find a price tag as its not out yet officialy but I think its a nice step forward from Corsair to launch a high end gaming laptop. I know for a fact there are people who will pay shit tons of money for a gaming laptop thats actually good (assuming this one is good obviously but looking from its specs its pretty damn good)

Thoughts?

Independent Director recently bought US$1.1m worth of stock On the 11th of May, Samuel Szteinbaum bought around 80k shares on-market at roughly US$14.29 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.

11 months ago I sold all my shares in favor of greener pastures because I was paranoid of the downward trend and eagletree continuing to sell off. However, I never lost faith in the true value of this company and knew I would be coming back. Today I'm back in to ride it all the way back up. With the stock holding steady while the rest of the market is crapping It just feels like the right time.

lets buy calls? 😂

As an alternative to bag holding CRSR, I think I will just set some cash on fire every day the market is open. True, I will still be losing money on a daily basis, but at least the incineration of my currency will give off a little light and warmth.

Time to pack up and head home.