Given the low P/E ratio and concerns regarding DOCU's actual profitability, I believe the current stock price is overvalued. With mixed sentiments in ...
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Given the low P/E ratio and concerns regarding DOCU's actual profitability, I believe the current stock price is overvalued. With mixed sentiments in the market and the potential for a buyout hanging over it, I'm inclined to take a short position while waiting for clearer financial improvements.
I'm cautious about Docusign as they have earnings today and if they miss or provide weak guidance, I think we could see some significant downside risk...
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I'm cautious about Docusign as they have earnings today and if they miss or provide weak guidance, I think we could see some significant downside risk. Given the tight trading around intrinsic value, I believe it's wise to short this stock heading into the announcement.