Jul. 23 at 6:49 AM
$PATH This is not going to become Palantir, or NOW, neither
$PEGA or
$IBM the offering is simply different. But, the offering is clearly in demand as
$PATH 's own Q1 earnings showed and
$NOW yesterday further supported. Software is not = Software, which the market has been doing, showing that simplifications-driven trading has been dominating. I look at
$PATH as a simply, on financials, undervalued stock even at just a classiv terminal growth rate of 2% (although it does grow more). The sentiment/software in one basket trading has thus created a mispricing and investment opportunity. It was the same approach I used for
$BE back in 2024. I expect x2 or more within the coming 1w months, in the short-term, it is impossible to predict though - hence one should never use options or leverage (at least not short dated).
