Sep. 1 at 9:29 PM
$PATH Earnings Report is almost there and within hours from now, market will be watching to price UiPath's execution of the quarter. This could be the confirmation of UiPath's turnaround story, or we may wait a few more quarters for the growth.
It seems wrong to profit-take a misunderstanding company I was strongly bullish on for months but I think that was the safer decision (sold half before ER - if it dips I rebuy again possibly at
$15-
$16 or if it goes past
$20 I still have a position and I may add as buying pressure increases)..
I was proud to be one of those whom hold and bought more dips near that
$9-
$12 valuation knowing the market has mispriced PATH and I have a feeling market is starting to realize PATH's true value after SaaSpocalypse story completely dead.
There are probably people holding with better positions than me as I sit at an average of
$12.7.
Anyways, Not selling the rest of my position until it reaches valuations near
$30 -
$50 and we may even see triple digit valuation in the coming years !
