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Snowflake (SNOW)

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  • Drrpm2004
    Member
    • Aug 2023
    • 86

    Snowflake (SNOW)

    Been buying chunks for the last month after the big dump at the end of Feb. The potential is there and I think they're reporting conservative numbers for growth considering the new CEO recently. That way it's achievable BUT, I do believe there is alot more room to run inside those conservative reports.
    Just read recently that Buffet purchase 6+ million shares of this back in Q3 of 2020 and that would put him in the mid 200 range on cost. He's obviously down pretty good to date so hoping for a pretty good rebound here over the next year or so..Anyone else in?
  • bucko
    Member
    • Aug 2023
    • 153

    #2


    I am right there with you. I think they sandbagged their growth numbers to set the new CEO up for success and have a lot of growth potential.

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    • Jdusek
      Member
      • Aug 2023
      • 131

      #3
      Hot to say it is very interesting possible but.

      Comment

      • Jdusek
        Member
        • Aug 2023
        • 131

        #4
        Looks like they have some lawsuits going on for misleading investors.

        Comment

        • Drrpm2004
          Member
          • Aug 2023
          • 86

          #5
          Originally posted by Jdusek
          Looks like they have some lawsuits going on for misleading investors.
          Saw that as well but wouldn't worry too much about it. Many companies out there have the same issues across the board. I do like the new CEO (Former Google CEO)

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