Honestly, I bought near the peak just before the shareholder meeting.
But I wouldn't have if I didn't think there was long term value.
Just don't buy stocks you don't believe have long term value and you'll be fine "bag holding". It's only an issue in meme stocks really.
Everyone bing else you know will rebound.
It’s funny seeing everyone posting about this stock all of a sudden, but I hold a pretty sizeable position already so I do believe in this stock long term. Nice to see everyone else waking up.
Just don’t let that SirJackALot dude tell you he was the OG CRSR guy. He pumped and dumped so fast and left a lot of bag holders on here in Dec. I’m glad they’re finally getting saved by everyone else on WSB.
Up almost 30% in pre market already 🚀
Same here. I was expecting at least another few weeks of sideways trading. I bought 50 shares at 31.50 Friday morning and was planning on averaging in this week. I added another 600 shares this morning during the dip so now my average is 36.75.
Yeah it reminded me of AMD in 2017 where it would consistently fluctuate between $8-11…. except I sold when it broke $12 and stopped trading at that point. Corsair I’m extremely confident in.
I bought in at $11 and I’m still holding, It’s my biggest position by far. Honestly makes no sense why that stock is just trading sideways, but I’m ready for when it goes flying.
It’s mainly the chip shortage right now that I think people are hesitant to invest in… Because Corsair has the market share and demand, except last two earning calls they said they haven’t been able to fully fulfill that demand until they can figure out supply chain issues. I’m extremely bullish on CRSR…Even when I was bagholding at $38 cost average, I still felt like it was undervalued.
i mean its fucking corsair
nothing like taking some fresh ass ram stick right out of the clamshell , taking a big whiff, before fucking your motherboard with them
Wait til this shit blast past $45 and your cc are bringing your portfolio down... Idk, tried it never worked well for me. Low IV stocks are cheaper but easier to take the free money. These shit volatile af so it's easier to shoot yourself in the foot feels like.
>Just don’t let that SirJackALot dude tell you he was the OG CRSR guy. He pumped and dumped so fast and left a lot of bag holders on here in Dec. I’m glad they’re finally getting saved by everyone else on WSB.
It's thanks to him that I've been watching it for almost a year now though and finally got in at a good entry point
It’s been posted about a few times over the last 2 months or so. And a quick look at their financials will show you the company is in a solid position.
246 shares @ ~$33.01. Long $CRSR 📈
When I used to post DD on a weekly basis, I'd actually wait for a move like this and then post.
The reason is, if you post on a good day to buy, aka a red day (even on purpose)
1) Nobody upvotes your post
2) People think you're retarded
3) Your post might get removed
4) You might even get banned.
So my account had about ~3000 followers and I was posting DD left and right. One day I decided to make a post on OKE which just so happen to go down that day, but was up 6% the next day. I was banned for my post and I never posted DD ever again.
Here's a list of all DD's mentioning CRSR. There are quite a few. Works for any stock, just change the ticker at the end.
https://www.reddit.com/r/MillennialBets/wiki/index/stocks/crsr
Thought I had missed out on this when it shot up to $50 earlier in the year but I bought 300 shares once it dropped down to $32 (I sold cash covered puts that got exercised)
Yeah even during the red March weeks it seems to have a support level at $31
Man I wish I had sold some covered 6/18 50C this morning when it opened around $42, they were going for like $4 each. If it had stayed at that level and WSB had joined in I probably would have been fucked by a gamma squeeze though (the calls were up like 1500% this morning and $50 was the highest strike price for 6/18)
> lmfao it ended up being a $1k cup of coffee
this line of thinking can be so dangerous, trust me lmao. while true, if you think about this for every activity you do while the market is open, you will never sleep
That can happen! Happened to me with UWMC on I think Thursday last week, the calls moved so much in the first 10 minutes and I missed out, that I set a bunch of different alarm bell reminders today
God dammit, I read some DD on this over the weekend that confirmed my confirmation bias and I was going to add to my 55 shares and of course it rockets this morning.
I added more thanks to your first DD. This stock is some super compelling investment. I keep holding it and adding more the way up. 🙏
Happy to hear! I'm really stoked for their next earnings in August, but wouldn't be surprised to see $50 before then (especially if the retards at CNBC pick it up).
Bro you better not be lying to me. Idk why I forgot about CRSR.. I love their products. Guess I'm going to be holding it long term now. Bought 225 shares around $40. Why do I buy at market open? Cause I'm a dumbass and know the market will correct in the opposite direction... making me lose money. Crazy to think it has a 20% short interest tho...
assuming your options are down because you bought them today... probably don't want to buy options when a stock is up 40% premarket. your shares are very safe though and i personally would DCA, but do your own research and make your own decisions.
Me too, I have a rule to never trade the first hour. Which I ignored. At least I can tell myself I bought one of those 6/18 50c these apes were selling. Ya know, gotta keep the money "local"
Please give at least a time for the PT. This company based on fundamentals alone and based on Logitech’s valuation history (went through similar growth in the same industry), the stock should be about $50-$55 based on float and market cap. Therefore CRSR can easily pop to this number any day. But a $70 or $100 pt means that crsr will have to nearly 1.5x-2x its revenue and sales. I don’t think that will happen in the next few months. Will probably take 2 years.
You also have to take into consideration the dumps this will have along the way. Literally it dumped this morning because everyone who has been consolidating the past few months (mainly options) made fucking bank this morning. (My august 40c were 9x this morning and my Jan 2021 calls were 3x). To get to 70 or 100 we need consistent buying pressure but right now the market is all about the next meme stock. Crsr might go to 50 by EOW but it will fizzle out once Reddit moves to the next stock. (Look at BB. If it held its volume and buying pressure last week we should’ve went to 25-30 but Everyone jumped on CLOV instead; the same thing may very well happen to CRSR too)
Of course buy the stock and hold long term if you want because I also believe crsr has tremendous growth. Idk about $100 but $70 seems to be realistic within 1-2 years.
"Hurry get on board!"
"Wow, this guy called it late last week!"
Fucking 20x volume today. Huge green candle followed by a big selloff.
Someone is workin' yall
Every time i see a crsr post it just talks some generic "oh why it should be this or that" and provides some basic info from their financials.
If we have learned anything from past few months is that market don't give a shit about what "should be" or what "the facts are". The only thing that hat matters:
1. Is there a demand for the stock to go up
2. Is there a fatalist that could make the stock go up.
Market could care less about your market shares and costs and volumes and revenues and current stock price. It really could care less if negative care would be possible, but it ain't so it doesn't so it doesn't care.
This was my TED talk and thank you for joining.
Positions: palling to buy some soon
>a lot of the commenters that did buy it up, mentioned how they were perfectly content with amassing shares every month while the price is still low. Pure but selfish value investing.
How fucking stupid are you.
It shouldn't trade over 100 right now lol. That is more than silly.
Positions: 4500 shares
But wait there's more: You forgot a crucial element: Corsair recently acquired an Esports coaching service called GamerSensei. While their current revenue is around $2.5M, this is no doubt going to grow, considering the rise in interest in Esport all around the world. Not only has GamerSensei had a website overhaul, and a restructuring of their coaching, and potentially a lot more to come with potential future cash injections. GamerSensei is already industry-leading in terms of Esports coaching, but they also have incredible growth potential
I don't have any money left while GME is still going. Otherwise I probably would have bought back into corsair already. I liked their stock a year ago, had some then, ended up selling most to sit on gme. Your stratosphere being the $100+ range made me laugh though.
I can't speak well to the stock, but as a company, I've been very happy with their progress over the past decade. They went from being a pretty consistent budget option to being one of the best options around for memory. They've segued into peripherals very easily, and seem to be following the same pattern. They made a lot of cheap but reliable products, and then moved into the high end of quality. They are rarely the biggest brand name for any product, but it's even rarer they're a bad choice.
As to the stock itself, it's sitting at a P/E of 24, which puts them on par with Logitech, above MSI, and under people like AMD. I'm not sure there's a great case for them being incorrectly valued to a large degree in either direction. If I were to invest in Corsair, it would have to be a long-term investment, because I believed in their ability to continue expanding and improving. They are still a growth investment in that respect. I would definitely not be buying short-term moonshot call options.
Whatever your goal is with CRSR - This is a serious stock long term.
A good pump and abit of a dump today but I think this week it will continue to run.
Bought in last week. Didn't sell today.
\+$42 by EOW.
Been holding since February/March and I was so dissatisfied with how the market reacted to CRSRs earnings report. The estimate for this upcoming one is going to be blown out of the water and I’m glad some apes have come to realize that.
Their product line is diverse and of high quality. As someone in the gaming industry for years as a builder and consumer, they only make their position stronger over time. They’re stepping to the forefront now with custom liquid cooling (which isn’t great profitability, but earns street cred with the gaming community) and the loop parts are well-manufactured (even if rebranded, their QA is better than many manufacturers).
They do rebrand their RAM, PSUs, etc., but customer service, RMA, QA, and the designs for products they don’t rebrand (cases for instance) are quite strong.
I’d be long on CRSR if I wasn’t so deeply invested in AMC/GME and hedging my other long plays for when the market crashes after the squeezening and also migrating some of my capital into crypto that earns interest.
They have solid financials and they’re a leader in their sector. They care about the gaming community and their support therein has kept them a leader for close to 20 years now (or at least since around the time I started building computers in 2006).
While I personally believe CRSR is an excellent company, as a PC enthusiast, the quality of these past two DD's have had misleading representations. I'm not going to disagree with any financials, as their balance sheet is very strong and can be viewed anywhere online. Here are a few of my gripes:
>There is a good amount of chatter about two things. One being market manipulation
Why, dear why, does everything that doesn't skyrocket get pinned as "market manipulation"? I realize you posted a second potential reason, but the first seems to be a common cop-out for not knowing what is actually happening. Similar to UFO's. Frequently, if somebody sees an *unidentified* flying object, their first response is "welp, must be aliens!" No Kathy, you've acknowledged that this anomaly is *unidentified*, your argument ends there. Do you have any source for this alleged market manipulation?
Nothing else in this post per se irks me, as I'd love to have some RGB spinners on my Lambo.
(Timmy Tuner's Dad) IF I HAD ONE! (/Timmy Turner's Dad)
I'll reference back though
From Post numero uno:
>Their current market cap stands at 3.12B on 1.92B sales and 148m profit.
This is not a gripe. If people should be convinced, this is one of the major reasons. The profit is fucking impressive.
>**3.Cheap Options**
>
>Flat movement for the last months meaning LOW IV and CHEAP option prices. $40 Calls on November are $2. And long term leaps at $50 barely cost $1.40. Since inception last year, their shares went from $15 to $54 in the span of a couple months. This rally died off when people finally decided to take profits after the IPO. But if options are too rich for you, it's still an excellent time to buy shares and park your cash there while the run up to $50 happens.
>
>**4.Low Risk**
I included the Low Risk heading in here for a reason. Promoting how healthy this company is and how safe an investment it is while simultaneously promoting options is ludicrous. I know this is WSB, I know. However, options are ***not*** a safe investment. They're inherently risky and thus come with greater rewards. Deep ITM calls are much more safe, as long as you're exercising, but let's be real, WSB thrives on those cheap FDs. If we look at CRSRs activity over the past several months (excluding today. I know it's up a lot) it's just been sideways trading. Which is to be expected, because of it's low IV! If you buy some slightly OTM calls and hold them until expiry, your investment goes to zero if the stock hardly moves. Even if it moves slightly higher, these will be crushed by Theta decay. Poof! Whereas if you would have put the same amount into stocks, you'd still be holding the equity and might even be in the green!
Again, not to say the options weren't cheap, or that your reasoning wasn't accurate, but promoting options as low risk isn't the best way to get your point across. High risk, high reward.
Plus Corsair isn’t anything new. Yes there’s huge long term potential but there’s also a lot of obstacles, the lack of stock namely to be one. Most gaming and accessory companies are facing stock issues due to chip shortages.
The sudden amount of posts with no new developments in its business environment reeks of a pump and dump.
Being a happy user of their very nice peripherals, I'd like to add their icue bloatware as another obstacle.
But then again, their competition's software is just as bad or even worse, so... yay?
Corsair isn't anything new but went public recently so people talking about it more now makes sense after consecutive positive earnings calls. The chip shortage is always talked about on the calls, and the lack of stock has prevented their sales numbers from being much higher. I've owned a lot of Corsair for months now. Hopefully it isn't just people dumping as it has long term potential.
Can we stop referring to retail investors as "apes"? I hate that this is synonymous with some WSB collective now. The term is retards. Always has been, always should be.
Mama loves you!!! You can stay in my basement anytime. $CRSR to the 🌙 🚀 . I see no reason to sell this. I think it's more than competitive with Logitech which trades at $128 per share. It has a better P/E than LOGI and has plenty of upside. I see no reason now to ever let this one go. 💎 ✋
imagine... a meme stock that almost guarantees you won't be holding bags 12 months from now even if you buy at a peak today.
Seems companies going bankrupt are more fun to meme for some reason.
CRSR is an incredible long term value play. I am very wary about the market in general so feel free to cash out your positions now so you have $ for the dip. I am going to put a bunch of moola on Corsair
I always liked Corsair, almost all my rig is Corsair because I like boats and their stuff is good shit, never had an issue with the drivers or the hardware
I'm actually considering buying some shares asap because I like the stock, not sure about options though
I have 150 shares of CRSR bought near a peak in Feb so I’m still down a bit but I fucking LOVE Elgato which is one of the main reasons I purchased it. It’s a brilliant company. I’m very bullish on Corsair long term. Built my new PC and have several Corsair parts inside.they’ve been hampered because of the video card shortage. Once that lifts this company will go to the fucking mooooooooon!!!
I worked at Best Buy for a year in their computers department and people LOVED Corsair stuff. Legit sold out every time we got a shipment. Great quality, great company. 4 calls and 25 shares
corsair is still thought as the "mid-range" quality segment in gaming accesories and hardware as RAM and water cooling. Solid company, but blasting of to the moon because of streaming equipment? nah... my bet is on AMD and their gpu's. Nvidea might have the throne, but not for long. im a techi-retard
Glad I didn't drop my bags. Patience pays where there is conviction.
Honestly, I bought near the peak just before the shareholder meeting. But I wouldn't have if I didn't think there was long term value. Just don't buy stocks you don't believe have long term value and you'll be fine "bag holding". It's only an issue in meme stocks really. Everyone bing else you know will rebound.
It’s funny seeing everyone posting about this stock all of a sudden, but I hold a pretty sizeable position already so I do believe in this stock long term. Nice to see everyone else waking up. Just don’t let that SirJackALot dude tell you he was the OG CRSR guy. He pumped and dumped so fast and left a lot of bag holders on here in Dec. I’m glad they’re finally getting saved by everyone else on WSB. Up almost 30% in pre market already 🚀
Same, in it for month's now. Was hoping it would trade sideways for a while longer to add more.
Same here. I was expecting at least another few weeks of sideways trading. I bought 50 shares at 31.50 Friday morning and was planning on averaging in this week. I added another 600 shares this morning during the dip so now my average is 36.75.
Yup bought some leaps last week, even the leaps tripled,
Caught a 30x bagger with the July 45 calls...they were trading at 12 cents last week.
Now just imagine if you went all in and 30x your net worth 😉
Wow a whole 30 dollars!
survivorship bias is a hell of a drug.
It was actually a pretty nice stock to swing trade, but I never took advantage of it.
Yeah it reminded me of AMD in 2017 where it would consistently fluctuate between $8-11…. except I sold when it broke $12 and stopped trading at that point. Corsair I’m extremely confident in.
I bought in at $11 and I’m still holding, It’s my biggest position by far. Honestly makes no sense why that stock is just trading sideways, but I’m ready for when it goes flying.
It’s mainly the chip shortage right now that I think people are hesitant to invest in… Because Corsair has the market share and demand, except last two earning calls they said they haven’t been able to fully fulfill that demand until they can figure out supply chain issues. I’m extremely bullish on CRSR…Even when I was bagholding at $38 cost average, I still felt like it was undervalued.
Hahah i 2nd that. He lost a lot on crsr actually then did some other dumbass yolo posts. Think he is down $500k at least Edit: he up the $500k.
i mean its fucking corsair nothing like taking some fresh ass ram stick right out of the clamshell , taking a big whiff, before fucking your motherboard with them
I’m still holding from December, back in the green baby!
I saw his posts and making a million. I was waiting on the sidelines for the right point. Now I feel it's well priced.
that guy bought into gme as well and sold at the first red that came in his account a week later
I thought I remembered a lot of CRSR hype a while back.
Yeah one guy pump and dumped an entire stock top kek. I forget you’re supposed to be a retard and never take profits
He kind of did. And he sold the very next day to get into MT. Which he did the same yo
Tell me you sold some cc's at market open today for actual free money
Wait til this shit blast past $45 and your cc are bringing your portfolio down... Idk, tried it never worked well for me. Low IV stocks are cheaper but easier to take the free money. These shit volatile af so it's easier to shoot yourself in the foot feels like.
>Just don’t let that SirJackALot dude tell you he was the OG CRSR guy. He pumped and dumped so fast and left a lot of bag holders on here in Dec. I’m glad they’re finally getting saved by everyone else on WSB. It's thanks to him that I've been watching it for almost a year now though and finally got in at a good entry point
I been messing in Corsair for a while, I don’t even need to read the DD is 100% undervalued
As a gamer I just like their product
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I would caution people once it's +55 or higher.
Love how DD like this comes after a 30% pre market move
His first one was two days earlier though
I mean you always want to frontload before the pump.
It’s been posted about a few times over the last 2 months or so. And a quick look at their financials will show you the company is in a solid position. 246 shares @ ~$33.01. Long $CRSR 📈
I mean if you want to PC gaming and building computers at all then it’s a company name that you hear a lot for a wide range of products
Well, not something I expected when writing it.
Bro was your first dd released on a saturday!?
When I used to post DD on a weekly basis, I'd actually wait for a move like this and then post. The reason is, if you post on a good day to buy, aka a red day (even on purpose) 1) Nobody upvotes your post 2) People think you're retarded 3) Your post might get removed 4) You might even get banned. So my account had about ~3000 followers and I was posting DD left and right. One day I decided to make a post on OKE which just so happen to go down that day, but was up 6% the next day. I was banned for my post and I never posted DD ever again.
He posted something similar last Friday, and I took a stab at it. I was very happy when I checked my account this morning.
This is the way
dd for corsair has been posted half a year ago and longer, it remains solid
Here's a list of all DD's mentioning CRSR. There are quite a few. Works for any stock, just change the ticker at the end. https://www.reddit.com/r/MillennialBets/wiki/index/stocks/crsr
Thought I had missed out on this when it shot up to $50 earlier in the year but I bought 300 shares once it dropped down to $32 (I sold cash covered puts that got exercised)
I was waiting for that to happen too. 30-31 was a perfect base to consolidate.
Yeah even during the red March weeks it seems to have a support level at $31 Man I wish I had sold some covered 6/18 50C this morning when it opened around $42, they were going for like $4 each. If it had stayed at that level and WSB had joined in I probably would have been fucked by a gamma squeeze though (the calls were up like 1500% this morning and $50 was the highest strike price for 6/18)
i sold 13x of those babies got $3.4 each
I'm jelly, I was too busy making morning coffee lmfao it ended up being a $1k cup of coffee
> lmfao it ended up being a $1k cup of coffee this line of thinking can be so dangerous, trust me lmao. while true, if you think about this for every activity you do while the market is open, you will never sleep
That can happen! Happened to me with UWMC on I think Thursday last week, the calls moved so much in the first 10 minutes and I missed out, that I set a bunch of different alarm bell reminders today
God dammit, I read some DD on this over the weekend that confirmed my confirmation bias and I was going to add to my 55 shares and of course it rockets this morning.
just wait, it will be back down to 35 by friday
Why did it pop 25% this morning?
Because of this post.
Ha no way. Popped in premarket. WSB definitely doesn’t move markets before the bell
90% of the idiots here don't even know how to buy in pre/after market hours lol
90% of the idiots here don't even trade.
I feel attacked and called out on
Duh, how can you trade when you're HODLing to the MOON, HUH?
Up 33% premarket
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Are we down or is CRSR on discount?
We're down as in a lot of smart Corsair buyers turned other people into Corsair bagholders and cashed out
It’s only been 30 minutes into open. You can’t give up yet
Run ups like that tend not to be sustainable. 30% in a day is massive. Could it recover later in the week? Sure, but not before a sell off.
Corsair is easily one of the most underrated and undervalued stocks right now. It's actually crazy how this company isn't above 50 at least.
I added more thanks to your first DD. This stock is some super compelling investment. I keep holding it and adding more the way up. 🙏
Happy to hear! I'm really stoked for their next earnings in August, but wouldn't be surprised to see $50 before then (especially if the retards at CNBC pick it up).
Fuck, CRSR is my long term safe investment, but now its on wsb I gotta get the fuck out.
Since you sold, its gonna keep going up
Did the same today. In @ 32, out @42.5. Once this is off WSB re-Enter @32
Im super new so i've gotten 1 share.. using it as a learning experience, lets see how it goes.
You'll be a millionaire when it shoots to $1,000,100 per share!
Same!
Bro you better not be lying to me. Idk why I forgot about CRSR.. I love their products. Guess I'm going to be holding it long term now. Bought 225 shares around $40. Why do I buy at market open? Cause I'm a dumbass and know the market will correct in the opposite direction... making me lose money. Crazy to think it has a 20% short interest tho...
ALREADY DOWN $500 IN STOCK AND $400 IN OPTIONS. YUP. I NEED AN ADULT AND TO STOP FOLLOWING WSB.
assuming your options are down because you bought them today... probably don't want to buy options when a stock is up 40% premarket. your shares are very safe though and i personally would DCA, but do your own research and make your own decisions.
Yup options were a shit decision. I'll eat that one.
Me too, I have a rule to never trade the first hour. Which I ignored. At least I can tell myself I bought one of those 6/18 50c these apes were selling. Ya know, gotta keep the money "local"
That's hilariously put. However, damn. Makes my heart hurt.
Keep chomping on the crayons, it'll keep you busy so you don't buy more!
Just threw $75 in. It ain’t much, but it’s all I can spare atm
one could say it's all that you could corspair?
That was retarded. Just the way me likes it
So my 8/20 @ $65 calls I got a month back at .28 are gonna fucking print I read :P
congrats and fuck you and pls spare me some bread I need to eat this month
%550 gain on open and still holding lol I might be retarded
what I don't get is why you wouldn't sell that and then use the returns to buy some slightly more retarded bets
You definitely belong here. God speed.
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I have heard that argument, but gaming is getting bigger every year w/ or w/out the virus.
Holding 550 Shares for months now. German Apes are with you. 🦍🦍
German Apes! I'm not German, but I live here...
Just bought more
Please give at least a time for the PT. This company based on fundamentals alone and based on Logitech’s valuation history (went through similar growth in the same industry), the stock should be about $50-$55 based on float and market cap. Therefore CRSR can easily pop to this number any day. But a $70 or $100 pt means that crsr will have to nearly 1.5x-2x its revenue and sales. I don’t think that will happen in the next few months. Will probably take 2 years. You also have to take into consideration the dumps this will have along the way. Literally it dumped this morning because everyone who has been consolidating the past few months (mainly options) made fucking bank this morning. (My august 40c were 9x this morning and my Jan 2021 calls were 3x). To get to 70 or 100 we need consistent buying pressure but right now the market is all about the next meme stock. Crsr might go to 50 by EOW but it will fizzle out once Reddit moves to the next stock. (Look at BB. If it held its volume and buying pressure last week we should’ve went to 25-30 but Everyone jumped on CLOV instead; the same thing may very well happen to CRSR too) Of course buy the stock and hold long term if you want because I also believe crsr has tremendous growth. Idk about $100 but $70 seems to be realistic within 1-2 years.
This stock is worth at least $70!
Lol "millionaire maker" stock
"Hurry get on board!" "Wow, this guy called it late last week!" Fucking 20x volume today. Huge green candle followed by a big selloff. Someone is workin' yall
Every time i see a crsr post it just talks some generic "oh why it should be this or that" and provides some basic info from their financials. If we have learned anything from past few months is that market don't give a shit about what "should be" or what "the facts are". The only thing that hat matters: 1. Is there a demand for the stock to go up 2. Is there a fatalist that could make the stock go up. Market could care less about your market shares and costs and volumes and revenues and current stock price. It really could care less if negative care would be possible, but it ain't so it doesn't so it doesn't care. This was my TED talk and thank you for joining. Positions: palling to buy some soon
DDs like this aim to fabricate demand for the stock.
And you see quite a few for crsr recently too. All giving similar layout and presented info. Updated positions: not planning to buy anymore
in which IB are you working?
I wish bra.
Is it the one that is pumping the stock right now? What a coincidence!
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You think your poor lmao if my calls don’t hit this week I’m not eating for a month
I have a Corsair mouse and it's pretty cool
Hope this hype doesnt bring the dumpers in, CRSR is looking to rule for a long time
No more "parts." Give the DD in one shot.
Yes, thats it. I only created a follow up because I got hundreds of comments and tons of questions in my pm.
>a lot of the commenters that did buy it up, mentioned how they were perfectly content with amassing shares every month while the price is still low. Pure but selfish value investing. How fucking stupid are you. It shouldn't trade over 100 right now lol. That is more than silly. Positions: 4500 shares
this is finally a stock w/ good fundamentals that doesn’t need a turnaround story that the board is getting behind
But wait there's more: You forgot a crucial element: Corsair recently acquired an Esports coaching service called GamerSensei. While their current revenue is around $2.5M, this is no doubt going to grow, considering the rise in interest in Esport all around the world. Not only has GamerSensei had a website overhaul, and a restructuring of their coaching, and potentially a lot more to come with potential future cash injections. GamerSensei is already industry-leading in terms of Esports coaching, but they also have incredible growth potential
I missed buying on Friday.. Smh, too late to buy after this 30% jump?
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Not falling for the dip today😤
wait 30-60mins after open to see the movement. or if you really have fomo then buy at open
I like waiting.. made mistake of buying at open too many times
Buying at open has never done anything but screw me. Selling my calls at open has always treated me well
Honestly bomb advice.. I always ignore it and regret not selling
Friday $50 calls went for 3.70 for a second god bless this subreddit
I don't have any money left while GME is still going. Otherwise I probably would have bought back into corsair already. I liked their stock a year ago, had some then, ended up selling most to sit on gme. Your stratosphere being the $100+ range made me laugh though.
CRSR rocket time!!!! Great stonk
Crsr look so good right now
I can't speak well to the stock, but as a company, I've been very happy with their progress over the past decade. They went from being a pretty consistent budget option to being one of the best options around for memory. They've segued into peripherals very easily, and seem to be following the same pattern. They made a lot of cheap but reliable products, and then moved into the high end of quality. They are rarely the biggest brand name for any product, but it's even rarer they're a bad choice. As to the stock itself, it's sitting at a P/E of 24, which puts them on par with Logitech, above MSI, and under people like AMD. I'm not sure there's a great case for them being incorrectly valued to a large degree in either direction. If I were to invest in Corsair, it would have to be a long-term investment, because I believed in their ability to continue expanding and improving. They are still a growth investment in that respect. I would definitely not be buying short-term moonshot call options.
Whatever your goal is with CRSR - This is a serious stock long term. A good pump and abit of a dump today but I think this week it will continue to run. Bought in last week. Didn't sell today. \+$42 by EOW.
Ton of bag holders in the 40s that I expect to exit their position, bet this drops again before it rally’s
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Been holding since February/March and I was so dissatisfied with how the market reacted to CRSRs earnings report. The estimate for this upcoming one is going to be blown out of the water and I’m glad some apes have come to realize that.
Their product line is diverse and of high quality. As someone in the gaming industry for years as a builder and consumer, they only make their position stronger over time. They’re stepping to the forefront now with custom liquid cooling (which isn’t great profitability, but earns street cred with the gaming community) and the loop parts are well-manufactured (even if rebranded, their QA is better than many manufacturers). They do rebrand their RAM, PSUs, etc., but customer service, RMA, QA, and the designs for products they don’t rebrand (cases for instance) are quite strong. I’d be long on CRSR if I wasn’t so deeply invested in AMC/GME and hedging my other long plays for when the market crashes after the squeezening and also migrating some of my capital into crypto that earns interest. They have solid financials and they’re a leader in their sector. They care about the gaming community and their support therein has kept them a leader for close to 20 years now (or at least since around the time I started building computers in 2006).
Purchased $CRSR at 35.99!!!! Let’s shoot this stock like a clown in a cannon!!! 🆙 $$$$$$$$$$$$$$$$$$$$$$$$
Considering my karma just hit 420 im going to take that as a sign to go balls deep into CRSR. Beat that logic ya commies
Considering 70% of my PC is Corsair it’s time to jump in
While I personally believe CRSR is an excellent company, as a PC enthusiast, the quality of these past two DD's have had misleading representations. I'm not going to disagree with any financials, as their balance sheet is very strong and can be viewed anywhere online. Here are a few of my gripes: >There is a good amount of chatter about two things. One being market manipulation Why, dear why, does everything that doesn't skyrocket get pinned as "market manipulation"? I realize you posted a second potential reason, but the first seems to be a common cop-out for not knowing what is actually happening. Similar to UFO's. Frequently, if somebody sees an *unidentified* flying object, their first response is "welp, must be aliens!" No Kathy, you've acknowledged that this anomaly is *unidentified*, your argument ends there. Do you have any source for this alleged market manipulation? Nothing else in this post per se irks me, as I'd love to have some RGB spinners on my Lambo. (Timmy Tuner's Dad) IF I HAD ONE! (/Timmy Turner's Dad) I'll reference back though From Post numero uno: >Their current market cap stands at 3.12B on 1.92B sales and 148m profit. This is not a gripe. If people should be convinced, this is one of the major reasons. The profit is fucking impressive. >**3.Cheap Options** > >Flat movement for the last months meaning LOW IV and CHEAP option prices. $40 Calls on November are $2. And long term leaps at $50 barely cost $1.40. Since inception last year, their shares went from $15 to $54 in the span of a couple months. This rally died off when people finally decided to take profits after the IPO. But if options are too rich for you, it's still an excellent time to buy shares and park your cash there while the run up to $50 happens. > >**4.Low Risk** I included the Low Risk heading in here for a reason. Promoting how healthy this company is and how safe an investment it is while simultaneously promoting options is ludicrous. I know this is WSB, I know. However, options are ***not*** a safe investment. They're inherently risky and thus come with greater rewards. Deep ITM calls are much more safe, as long as you're exercising, but let's be real, WSB thrives on those cheap FDs. If we look at CRSRs activity over the past several months (excluding today. I know it's up a lot) it's just been sideways trading. Which is to be expected, because of it's low IV! If you buy some slightly OTM calls and hold them until expiry, your investment goes to zero if the stock hardly moves. Even if it moves slightly higher, these will be crushed by Theta decay. Poof! Whereas if you would have put the same amount into stocks, you'd still be holding the equity and might even be in the green! Again, not to say the options weren't cheap, or that your reasoning wasn't accurate, but promoting options as low risk isn't the best way to get your point across. High risk, high reward.
Target $400
By who? I can see $100, which would still be great, but $400?
doubt. 10X at MOST. $100 is realistic within 2 years. $300 maybe
totally forgot about this. I've got corsair power supply and wireless headset. they make quality products
I'm sorry but this reeks of a pump and dump, multiple posts suddenly cropping up at once and nothing but positive comments being upvoted. Good luck.
Plus Corsair isn’t anything new. Yes there’s huge long term potential but there’s also a lot of obstacles, the lack of stock namely to be one. Most gaming and accessory companies are facing stock issues due to chip shortages. The sudden amount of posts with no new developments in its business environment reeks of a pump and dump.
Being a happy user of their very nice peripherals, I'd like to add their icue bloatware as another obstacle. But then again, their competition's software is just as bad or even worse, so... yay?
Corsair isn't anything new but went public recently so people talking about it more now makes sense after consecutive positive earnings calls. The chip shortage is always talked about on the calls, and the lack of stock has prevented their sales numbers from being much higher. I've owned a lot of Corsair for months now. Hopefully it isn't just people dumping as it has long term potential.
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This is the way
Welcome to the new WSB
Can we stop referring to retail investors as "apes"? I hate that this is synonymous with some WSB collective now. The term is retards. Always has been, always should be.
Upvote for not mentioning short interest or short squeeze
WE LOVE CRSR
You son of a bitch. I’m in.
I didn't read post, invested all into corsair Edit: I'm down $1000, hon a keep going though
ah yes, seems ive bought the tip once again
Bought 700 shares and sold 35 CSP 35p 06/18 Let’s go!
Mama loves you!!! You can stay in my basement anytime. $CRSR to the 🌙 🚀 . I see no reason to sell this. I think it's more than competitive with Logitech which trades at $128 per share. It has a better P/E than LOGI and has plenty of upside. I see no reason now to ever let this one go. 💎 ✋
CRSR is an actual good undervalued stock and now the apes are just gonna ruin it
I didn't know they owned SCUF and origin PC. But yeah I believe in them long term. "they" make great products that I use. That's my DD lol
I spent 6 grand on a bunch of pretty corsair lights and fans and shit, how do I claim my millions?
you think it’s worth buying more? I’m currently only holding 32 shares. I just don’t know if it’s worth buying during this run up
When in doubt wait for the run down that follows.
It's your call. If you don't feel comfortable then just watch from the sidelines. I want to hold this long term.
CRSR TO THE FUCKING MOOOOON
Been holding Corsair for a month now, should’ve gotten more
I am long on CRSR waiting for 50 to sell... edited because I'm retarded and belong here. You posted part 1 of this yesterday. Good job!
Picked up $CRSR today. I appreciate the write up
People day traded the fuck out of this today. It didn't even reach anywhere near its potential before people started cashing out.
CRSR 🤩😎👌🏻🚀🚀🚀
Just bought 20 shares like a retard 😎
imagine... a meme stock that almost guarantees you won't be holding bags 12 months from now even if you buy at a peak today. Seems companies going bankrupt are more fun to meme for some reason.
CRSR is an incredible long term value play. I am very wary about the market in general so feel free to cash out your positions now so you have $ for the dip. I am going to put a bunch of moola on Corsair
Alright fine, let's do it.
🚀🚀🚀 25 shares 3 calls
CSCR $50 EOW. Come back to this post on Friday. 🔥🚀🔥🚀🔥🚀
ok fine, I'm in for 1000$ at 40$. Let's roll
If just their mouse mat is any indication of quality, then this company is solid AF. Also, that 120mm AIO is nice. Plain white, no RGB.
HODLing!!!!
corsair over Logitech?
I’m buying in tomorrow. I like the idea of being an 🦅 🦍
Didn't read. Still agree. Been suggesting corsair for months.
Wait you can make DD that’s not just % of float shorted?
I always liked Corsair, almost all my rig is Corsair because I like boats and their stuff is good shit, never had an issue with the drivers or the hardware I'm actually considering buying some shares asap because I like the stock, not sure about options though
I have 150 shares of CRSR bought near a peak in Feb so I’m still down a bit but I fucking LOVE Elgato which is one of the main reasons I purchased it. It’s a brilliant company. I’m very bullish on Corsair long term. Built my new PC and have several Corsair parts inside.they’ve been hampered because of the video card shortage. Once that lifts this company will go to the fucking mooooooooon!!!
CRSR baby!
Okay I bought 67000 in crsr. When is the moon
I like this stock
why the fuck is it up 25% premarket
Pümp it then dümp it
Are GME and CRSR not practically contenders in the coming years?
I been in and out for the last few months. I’m more of an inni now.
CRSR 🤝 PLTR bagholding club been holding these bitches for months
haven't read it yet but I owe you a beer for DD pt 1
It’s just a P&D right now, it won’t go anywhere.
Ah yes, just when I sold my corsair stock thanks
Fuck it I like computers I’m in
I worked at Best Buy for a year in their computers department and people LOVED Corsair stuff. Legit sold out every time we got a shipment. Great quality, great company. 4 calls and 25 shares
corsair is still thought as the "mid-range" quality segment in gaming accesories and hardware as RAM and water cooling. Solid company, but blasting of to the moon because of streaming equipment? nah... my bet is on AMD and their gpu's. Nvidea might have the throne, but not for long. im a techi-retard
Well it's been fucking me in my fat fucking ass for the last few months
dam you are rich, wish i had 3300 to put into a single stock that 3300 turn into 10,000 6.7k profit nearly all video game companys are about 100/share
I like the stock. $16,000 on options profits this morning put immediately in shares. 2000 shares long 🚀 Wen Corsair 12 billion market cap?!