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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks U / Upstart Holdings (UPST)
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Author: BenSolar   😊 😞
Number: of 123 
Subject: Re: Short Squeeze!
Date: 07/19/23 11:43 AM
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No. of Recommendations: 3
Yeah, I bought my shares with the intent to hold long term, so I will tolerate some fair bit of 'unreasonable overvaluation', but if the Robinhood/Gamestop crowd piles in and it zooms crazy high during a serious short squeeze, I'll plan to take profits and get back in lower.

I know that current prices are hardly supported by recent or projected non-existent earnings, but I think the pathway is clear to significant and rapidly growing profits. I was drawn into the investment by the combination of a compelling story of past and potential future rapid growth with a huge target market, along with actual profitability. Fiscal year 2021 they reported $1.43 earnings per diluted share, with that diluted share count quite a bit higher than it is now (94.8 million compared to 81.9 million recently thanks to stock buybacks).
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This community has written 123 posts about Upstart Holdings. The article-length ones it recommended most:
Upstart, an introduction · 17 recs · 2022
Upstart's cash burn · 13 recs · 2023
Upstart Breakeven Analysis · 8 recs · 2023
Upstart (UPST) Q2.2023 Forecast · 6 recs · 2023
Q1.2023 Forecast · 5 recs · 2023
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