Jul. 2 at 4:44 AM
$PATH
Sure, happy to share
I’ll post a couple links with more comprehensive reasoning, but I originally bought 7,000 shares in May at
$10.28 and then again 4,000 shares a couple weeks ago I think at
$10.50
I posted both times, so receipts are somewhere
I think PATH has been beaten down, and maybe deservedly, since it’s IPO for multiple reasons - but a few main reasons:
1) Fear of RPA business becoming obsolete (market now not pricing in imminent Maestro potential at all)
2) Excessive employee stock compensation to attract talent (a lot of earlier stage companies do this, and the stock compensation is now trending down - and, with buybacks, shares are net decreasing)
3) On a shorter time frame, and maybe to your point, Anthropic fears surfaced in February (I believe the market doesn’t fully understand the difference, and it is a baseless claim which now has given a great opportunity for the future)
The first link in this post is is my initial general DD, and the second link I post may allude more to your direct question
If you look at GRRR and PATH on long time frames, they are kind of similar in the sense GRRR was beat down from IPO and stagnant for a couple years before I bought it shortly before it took off in September 2024
PATH is beaten down in the same way (IMO), but I arguably have more conviction in PATH today than I did in GRRR at
$4
GRRR put out a bunch of “contract wins” at the time, which made the buy a no brainer - but two years later and essentially none of those contracts came through and growth has been stagnant despite a laundry list of buzzword filled press releases
When I realized the red flags at the time, I adjusted and shared my DD, sold my position for my 500% profit, and have been shunned by the GRRR board ever since (even though they loved me right up until then, lol)
PATH is an established company with a real product used by many governments and companies - and saves them money
They also just hit their first quarter of GAAP profitability and raised 2027 guidance this past earnings report
At the end of the day, do your own DD - I’m happy to share my thoughts though
I’ll add the second link I refernced above as a comment to this post
https://stocktwits.com/IdeletedRobinhood/message/653766393
