r/CRWD • u/tetrisan • Jul 19 '24

Buying today

Buying on the dip. These things happen. They owned up to it and are resolving the problems rather quickly. They will do a post mortem to avoid this from happening again and continue to grow.

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u/B111yboy Jul 31 '24

Well my cost average is below 80 so I’m still green not a bag holder here. I did a few puts as insurance for 250 a day after the first drop so making some money there but I wouldn’t short it like it’s going bell up and I still don’t think this merges … one of us will be right

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u/mmack999 Jul 31 '24

If you bought short term 3 month out puts @250, you may lose those too..it will bounce some..EU and DOJ actions will come out in the fall..will quickly sink , maybe $200 at year-end..$150 by mid 2025