Dec. 4 at 4:20 PM
$FSLY
Not my words but this makes a lot of sense regarding the convertible note that we were offered yesterday.
“It’s just a senior notes offering to replace maturing notes for 2026. This explains the sell off yesterday. It’s just going to prolong the rally and they will come out even better in balance sheet with this one.
The main thing is to look at the whole picture, it has turned around. Nothing will change, still on track for
$20’s.
It’s just a great buying opportunity. Will not be surprised if we even see green tomorrow, this is just a 1 day thing, no worries.
$125M is not gonna make a dent on its
$1.7B valuation”
“Correct. Since this one appears to be turning the corner, fixing the balance sheet was called for”