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DOMO - These Are The Times When 'Buy The Dip' Guys Get Nailed Caution!
Domo Inc.
Nearly All of Us Are Dip Buyers
Let's face it, looking for bargains is in our DNA and an inalienable right. Just, let's not get caught. So many times in my experience we jump in when the high-beta names that we focus on start to fall, and then to our chagrin, they just keep falling. That first moment when they fall hard, we can't imagine they could fall harder and they do. Look at what happened yesterday on a relatively benign tape: Beyond Meat (BYND) down 25%, Zoom Video (ZM) 7%, Pinterest (PINS) down 5%,