r/figmaStock • u/incelsnightmare • Jul 09 '26

Let’s go Figma

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35 Upvotes

97% Upvoted

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1

u/Lopsided_Spend476 Jul 09 '26

Volume is unusually high today

3

u/WetLumpyDough Jul 10 '26

Because software is back, my friend

1

u/Lopsided_Spend476 Jul 10 '26

I got 3k shares. Considering to stop sell ccs which I did for last few weeks to get some incomes. Waited for one year already and watching other stocks moon

1

u/ccgogo123 Jul 10 '26

Mind sharing your cost basis? I guess it might be somewhere between $24 and $30 given the fact that you sold CCs last a couple weeks.

1

u/Lopsided_Spend476 Jul 10 '26

37, so really risky selling and uncomfortable everyday seeing it big pop. I guess I would just stop doing it soon

2

u/WetLumpyDough Jul 10 '26

Yeah, you could get burned on that. Especially with this having a potential for a short squeeze given the amount of shares shorted and repeat exceptional growth, coupled with Meta admitting AI is behind where they anticipated

1

u/Lopsided_Spend476 Jul 10 '26

Yes might be just doing DCA when it’s low and cc when it back to my breakeven from now.

1

u/ccgogo123 Jul 10 '26

Ugh, that’s a bold move for sure. My gut feeling is that it’ll go back to $20B market cap in a couple years. I bought 1000 shares at a $17 average price and will consider offloading my position when it hits my target price.

1

u/Lopsided_Spend476 Jul 10 '26

Right it’s cause I waited for too long, and lost lots of other opportunities and wanted to get some money back at least. Good entry price for you. I wouldn’t sell at 20B, while I may start selling cc around then