REVEALED: Why I Sold ALL of My MongoDB Shares

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Опубликовано:

9 сен 2024

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Комментарии : 41

@extramild1 3 месяца назад

I sold my MongoDB shares last week for a face-ripping 50% loss. I was not sure why I bought them. I am not sure why I sold them except for the price. I am not proud of my actions at either end of the transaction.

@everardotapia904 3 месяца назад

You bought the stock at the top.

@extramild1 2 месяца назад

@@everardotapia904 100% correct. I know that now thou. I did not know that then.

@jankay8569 2 месяца назад

Clearly stock picking isnt for you. Stick to etfs.

@mehtabrandhawa6870 2 месяца назад

honestly I am more of a buyer at these rates. From experience, I noticed when MongoDB shows signs of weakness and lower revenue forecast thats when you should buy. Not when institutions are hyping it up, after great quarters.

@druiz012 3 месяца назад

I sold all my Mongo DB 3 weeks before earnings for a nice 170% gain... overvalued, highly dilutive and just taking way too long to profitability.

@jamesestes9767 3 месяца назад

I have a feeling this video will age very poorly…

@nononnomonohjghdgdshrsrhsjgd 9 дней назад

if you could hold only two months longer ... 19% increase

@robin212212 3 месяца назад

Wasn't one of the advantages of mbd the ability to use it among the different cloud providers so that a company would not be locked in? i don't see this value being diminished; i think future data use will accelerate as ai implementation increases and the economy improves. Companies should be consuming and processing data exponentially in the near future.

@donwunder33 2 месяца назад

This is the same as for Redis, Elastic and quite a few other softwares that were co-opted by aws and the like. Cloud lock in is a thing, but doesn't seem to rise to the level of a moat

@deanaz41 3 месяца назад

I had a few shares, sold at $370 for small gain. Seems the earnings report was a Candygram for Mongo Stock (see movie Blazing Saddles). I'm Back in at $227 and will buy more lower. I agree with Morningstar's analysis from June 4th.

@JamieK348 3 месяца назад

Hi I agree with you that the margin picture is a cause for concern but keep in mind a disproportionate amount of companies' budget is being allocated to AI (it's an AI arms race right now), so that means less spending on services that companies like MDB offer. Couple that with AI is actually displacing the need for some employees and you have a reduction in licenses in proportion to a reduction in staff. At some point this will pass (we are in a cyclical SAAS downturn). The upside, or hope is that MDB will find ways to be more efficient during lean times and come out stronger. That's my take, I plan to hold on and wait it out.

@Jens640 2 месяца назад

Exactly the way I am thinking about it now

@rtorcato 2 месяца назад

You know this AI stuff people are talking about? It creates a lot of data. A lot of data. You want to store that data in a database that scales. Sure you can use Postgres or other databases, but good luck sharding database clusters with the alternatives. Mongo was built with scaling in mind.

@whitelex 2 месяца назад

mongoDB is free to use you can install on your own cloud, why would I host with them?

@AC-ge2tr 2 месяца назад

Hey Brian, thanks for the great content. Small suggestion: always substract SBC from reported FCF and show the real FCF here. Small effort, big effect. Talking about real FCF.

@timkopp9763 2 месяца назад

I think he adjusts this with the share dilution or 2.5-3%, no?

@azulsimmons1040 3 месяца назад

I think it was a smart sell.

@michaelmiddleton3311 3 месяца назад

You said you 'sold shares'. Does this mean you are still holding. THX!

@victoryiamofficial 3 месяца назад

He isn't, he mentioned earlier in the video he no longer holds the company

@jdog8019 2 месяца назад

I bought it at $218.. So far, so good..

@roccopietrofesa7914 3 месяца назад

I just bought at rock bottom, I don't see any way but up from here. I used to do an annual field trip tot Warner Brothers Games as a comp sci teacher and they were very bullish on MDB.

@Jens640 2 месяца назад

It's always hard to tell when the buttom is reached I see significant downside risk (single digits is not very unlikely) but I see massive upside potential too (500 in the next 5 years) so I just hold my shares don't sell and don't buy the dip. In 5 years I know what would have been the right move

@weho_brian 3 месяца назад

anything not mag6 seems uninvestable these days

@levistern3316 3 месяца назад

I bought your shares :)

@anonymousanonym450 3 месяца назад

good luck

@eduardoluissantos1359 2 дня назад

The comment that people will stay in MongoDB is not accurate, there are a lot of new competitors and is not that hard when an App is well designed. It's harder to change the cloud provider than the Data persistence layer.

@Jens640 2 месяца назад

Is it a fact or only an assumption that prices have been lowered? I think it is just an assumption...

@gurusukh 3 месяца назад

This is going to be a double digit stock by the end of this year.

@zanexie981 2 месяца назад

he's gonna buy ulta beauty

@paratirisis 3 месяца назад

Elastic is eating their lunch.

@kevinfarrow7865 2 месяца назад

Let me guess, You/Brian sold MongoDB at its all time high? And I’m sure you bought it at all time lows->Just like every stock You-tuber guy. Share your losses one day (everyone has’em) and how you learned from it. I’ll tune in.

@Jens640 2 месяца назад

He didn't sell at all time high and never said he did