Despite Saul’s warning (https://discussion.fool.com/sentinel-one-8211-a-thought-experime…) on Sentinel One, I took a starter position last month.
My position was based on two main ideas.
- Crowdstrike CEO George Kurtz keeps talking about them. I thought there must be a reason.
- The pre IPO numbers were pretty bad, except for revenue growth, so I thought it wouldn’t be too hard to dramatically improve them.
Did they? Let’s take a look.
Pre IPO -127% Q2 -98% Q3 exp -96% to -99% Full Yr Exp -99% to -104%
Some improvement but still horrible. I’m out with a 36% gain, feeling lucky it wasn’t a loss.