SLACK: Work,Work I believe in you babyI'm irrationally attached to slack.
institutional investors love it
average volume of over 7 million shared daily
market cap over $10 billion
over 17% shares are short with an expiration time of 5.4816 Days and over 270 million shares sold short
around $20 a share
follows decently simple trends
im going to keep following slack for years to come. Just dream for a minutes about the potential reach and potential slack has.
Amazon might want to launch their own office suite and slack would make a great partner.
Additionally some of slacks customers are
FOX NASDAQ:FOX
LYFT NASDAQ:LYFT
IBM NYSE:IBM
TARGET NYSE:TGT
SHOPIFY NYSE:SHOP
INTUIT NASDAQ:INTU
ZENDESK NYSE:ZEN
HUBSPOT NYSE:HUBS
FASTLY NYSE:FSLY
None of those companies are doing bad either.
This is all setting up to be a true 2020 and beyond software company and gain story. Jump on and buy for $20 while you can.
OH and last thing... Institutional investors paid $4 and $7 a share. The fact you and I can purchase for $20 gets me.