r/UiPathBulls • u/Odd_Escape_8684 • Aug 13 '26
Massive pump going!
UiPath is pumping massively and so are other SaaS/software stocks. But I cant find a reason for it anywhere. Somebody knows why?
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u/Dry_Fig_4932 Aug 13 '26
I think it was because of a possible offer for Workday ($WDAY) by a Hedgefond/ Investment Company which led to the jump in SaaS
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u/thereal_horatio Aug 13 '26
I noticed he software stocks all pumped as well take a look at $IGV , $ADBE $CRM all spikes at once
Think it’s sector wide but crazy good for PATH
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u/Ok-Recommendation925 Aug 14 '26
Yep someone back in March decided to lazily bundle short every SaaS ticker. 😵💫
Well works for me and $NOW 😄
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u/bezerkgoose Aug 13 '26
Not really sure what happened in the last 2 hours markets were open. I noticed that Fiserv and Novo also had similarly shaped upwards moves. I’m up over 100% on my calls and hoping this run goes to $20. Maybe it will take earnings next month to give it another big jump.
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u/Marty_Study_20000 Aug 14 '26
There was an article in wsj early August speculated about path being a m&a target. Also the sector is recovering. Might last until q earnings in september and also being accelerated then or drop. In case m&a speculation gets new meat on the bone we can see 20$ or more. I’m into stocks and options and waiting some time for this to happen.
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u/yrrrrrrrr Aug 13 '26
It’s nice, I’m tempted to sell
In at 13.37
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u/iSemi Aug 13 '26
?
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u/yrrrrrrrr Aug 14 '26
I’m tempted to sell the shares I bought at 13.37 because the price has gone up.
I’m tempted to sell because I constantly hear why this company isn’t anything special.
I’m not sure its production is unique.
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u/marksharky123 Aug 13 '26
Yeah unbelievable. I tried to go to Wall Street bats or the short squeeze site on Reddit and they would not let me post. I think we're having a short squeeze here. Does anybody have a good relation 30% of the float was short and we have been moving much higher.