Calls
1
u/Coopsters
Reddit r/ValueInvesting
Win Rate
100.0%
return
+20.7%
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Ticker
Side
Mentions
Opened
Entry
P&L
Thesis
Theme
Source
Long
Apr 10
$82.27
+20.7%
The author has a pre-existing long position in NOW with a $104 cost basis, and the stock is now trading in the $80s, presenting a ~20%+ drawdown from their entry. The author perceives the lower price as an opportunity to average down and improve their overall cost basis, implying a belief that the current price is attractive relative to its longer-term value. The trade idea is to add to a losing position to lower the average cost, based on the premise that the recent decline is an overreaction or a temporary weakness. The primary risk acknowledged is the "falling knife" scenario—that the price decline will continue after purchase. Broader risks from comments include AI disrupting NOW's seat-based pricing model and slowing growth.
The author has a pre-existing long position in NOW with a $104 cost basis, and the stock is now trading in the $80s, presenting a ~20%+ drawdown from their entry. The author perceives the lower price as an opportunity to average down and improve their overall cost basis, implying a belief that the current price is attractive relative to its longer-term value. The trade idea is to add to a losing position to lower the average cost, based on the premise that the recent decline is an overreaction or a temporary weakness. The primary risk acknowledged is the "falling knife" scenario—that the price decline will continue after purchase. Broader risks from comments include AI disrupting NOW's seat-based pricing model and slowing growth.
AI/Semi
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u/Coopsters has 1 trade ideas tracked on Buzzberg across 1 tickers since April 2026. Most covered: NOW.
