Buy Hold Rant
Stung by the Bumble ($BMBL) Bee | Why Dustin Finally Bought Bumble
10/16/2025, 4:54:17 PM
Economic Summary
- Investor is actively consolidating positions and building cash, having gone five months without a purchase and completely selling out of Shopify (SHOP) to reduce exposure.
- Entry discipline: the investor waits for specific price targets (e.g., BMBL $5.23 and $5.00) rather than buying on conviction alone, preferring staged exposure.
- Market behavior: good quarterly reports may not immediately translate into higher share prices, reflecting a lag in market recognition and potential buying opportunities.
Bullish
- Bought BMBL at $5.23 as a starter position (1.33% of portfolio).
- Belief that market can be slow to recognize good quarterly results.
Bearish
- Dating-technology space seen as unattractive by speaker.
- Price can continue to drop after initial purchase; risk of further downside.
- Sold out of SHOP previously, indicating lack of conviction in that stock.
Bullish tickers
BMBL
Bearish tickers
BMBLSHOP
BMBL
3 price targets
5.235.095
Bullish
Investor purchased a starter position at $5.23 (1.33% portfolio) after being convinced by another's thesis; would add on further weakness.
Bearish
Speaker initially skeptical of the dating-tech space; expects price could fall further and notes markets can lag after good results.
SHOP
Bearish
Speaker completely sold out of Shopify, signaling reduced conviction in the name.
GOOGL
Bearish
Last purchase before this period was during Google's big drawdown, indicating prior volatility influenced buying timing.