Down almost 80% from its all-time high. Huge drop yesterday on an earnings miss.
I've never purchased individual stocks but I am REALLY tempted to buy like $10K-$20K worth. I own an online business and I keep paying for Docusign because of the name-brand power. I want our customers, who don't see an office or our people, to feel comfortable handing over their sensitive information (bank account numbers, etc.). The kicker is I also pay for Adobe (their main competitor) so I get the signing function for free from them. However, I still think the name-brand power of Docusign is worth it and a big plus. And electronic signing is not going anywhere. Isn't that the Peter Lynch investing model - buy things you know and believe in (I think Elon Musk said something similar too)? Thoughts? |
I think it’s silly that you pay for both. |
Agreed on docusign. I generally steer clear of individual stocks and do index funds. But docusign is very common, and imo getting more so. With everything remote virtual etc. |
Go for it, it's a gamble (could still go down 50%) but as long as it's not money you need immediately. |
If you have the money go for it. The market overreacts sometimes. That easily could be what happened here. |
Adobe just launched a competitive Signature product for Federal security requirements. Not sure how that will impact DocuSign overall or how much of their customer base is government and federal contractors. |
what a jack ass comment, down 80% and it could be a over reaction? wait till the big boys like aapl fall and these overhyped stocks will fall even further. its just a matter of time. index level pain will be much worst. |
"index level pain will be much worst."
sorry, i cant take your opinion seriously if you don't know the difference between worse and worst. |
its okay, you dont need to. keep dumping money so we can continue shorting you. |
DocuSign is bad it's in a saturated market and nothing is unique about them |
and down another 5% premarket. this is a $40 stock |
Buy it today. |
Not only that, their only product has competition from bigger names at a much lower price points that is better integrated into programs that most businesses already use |
terrible advice. do not buy. |
haha look at it now. still a good buy? |