As foreshadowed in our weekly commentary, we are making some changes in our high-growth portfolio. The changes are as of Thursday morning. We are selling the following: 85 AYX at $82, 64 TWLO at $125.50 and 85 ZS at $68. These are sales of approximately 18% of our prior holdings in these positions. We are…
Summary Anaplan is a recent IPO and it reported its first quarter as a public entity last month. The company is the leading vendor in a business segment called Cloud Financial Planning and Analysis. The company, while not profitable, is growing at around 40%/year and it should be able to continue that cadence for some…
I will try to make this as short as possible and long as necessary. Some subscribers like my efforts in terms of diction; all subscribers are going to like it better if I can produce profitable picks. I think the recent crash is epochal in nature. I have seen my share of crashes such as…
Anaplan launched its IPO earlier today. The shares finished their first day of trading up by 43%. It was nice for the company that its IPO was scheduled for Friday-I wonder what might have happened to the share price change had the IPO happened on a different day of this past week. Wound up selling…