UPST: I'm in.

Over the last 6 months I’ve been following this board and have done some research on a number of the more popular stocks seen in board member portfolios. Of all of them I’m most impressed by UPST for its combination of 1) hyper growth 2) huge TAM in a critical and understandable sector of the economy 3) robust profitability 4) impressive management.

I’m primarily a value investor, and I think this company/stock has dropped far enough for me to buy it with intent to hold long term, with expected growth in the near term and long sufficient to pay the ~50 PE that I paid today.

The stock’s downward momentum is tremendous at the moment, so I won’t be surprised to see it drop further…I hope it does, as I’ll buy more.