[Levin]

PUBLISHED THU, SEP 15 20228:12 AM EDTUPDATED 4 HOURS AGO
Annie Palmer

• Adobe said Thursday it will acquire design software firm Figma in a deal worth about $20 billion in cash and stock.
  

• The company also reported earnings for its fiscal third quarter.
  

• Adobe shares had their worst day since 2010.
  

https://www.cnbc.com/2022/09/15/adobe-to...llion.html

[WhatDoYouThink!]

which guru bought at 400+?

[WhatDoYouThink!]

bearish fractal started in jan and confirmed in may. full steam ahead beyond yr end

[pervertosan]

draw 2 colour lines think u are a guru?….more like just a DF gaypanda

[sgbuffett]

which guru bought at 400+?

Adam Khoo..."my daughter buy her first stock...and the stock is Adobe."

But j would say there is nothing wrong with buying a stock that goes down.  The problem is the mentality of people who think there is some way to invest perfectly so losses can be avoided. They end up going in and out trading the market in the end it always never work out.

Instead of "despising losses" accept it as part and parcel of long term nvesting.

The correct way for most people to invest is to put aside a fixed amount regularly and do this over long term. You don't need the drama of worrying about up and downs of the market every day.

[WhatDoYouThink!]

draw 2 colour lines think u are a guru?….more like just a DF gaypanda

stupig syonan. ofc there're work behind this chart and not shown. 

so far my fractal system has been working very well. but as a useless goondo, you dun understanding one lah

[pervertosan]

stupig syonan. ofc there're work behind this chart and not shown. 

so far my fractal system has been working very well. but as a useless goondo, you dun understanding one lah

why abandon ur old account?…just pay the hacker lah

[WhatDoYouThink!]

why abandon ur old account?…just pay the hacker lah

syonan, change to new phone and old pw didnt work, reset several aso cannot. so registered a new ac is faster lah.

now very busy sourcing for new lights, tables, chairs and carpets. got any good lobang?

[winbig]

How come so many ah neh CEO?

[Niubee]

draw 2 colour lines think u are a guru?….more like just a DF gaypanda

Talk like u smart aleck keh kiang.

[pervertosan]

syonan, change to new phone and old pw didnt work, reset several aso cannot. so registered a new ac is faster lah.

now very busy sourcing for new lights, tables, chairs and carpets. got any good lobang?

so rich install mitsubishi

[Niubee]

so rich install mitsubishi

Got standard one. Dont use JB mitsubishi....!!! Go back la

[WhatDoYouThink!]

so rich install mitsubishi

aiya all white fixtures and fittings are provided by developer

[pervertosan]

aiya all white fixtures and fittings are provided by developer

nice view..congrats.

[sgbuffett]

Adobe is not a lousy company. It has a monopoly in picture and video editing.  Just like  Microsoft as monopoly on Microsoft Office. People are unlikely to switch and will keep paying.

Problem is the stock valuation.
Although it fell from 688 to 299 it does not make the stock "cheap" or a good buy for the long term.

The PE ratio is 29.
The cashflow is $6.5B..this is very solid and can drive acquisitions to consolidate its monopoly position.

Market cap is 140B.

If economy slows and revenues growth slows, the stock is worth buying only below $150.

If it can manage 10-20% growth $200.

I just don't see any reason to buy now especially is economy is slowing. It can go towards $150 more easily than it can go to $400.