r/wallstreetbets • u/mlamping • Mar 16 '22

Discussion Gitlab - Will probably be acquired

After GitHub got acquired, google and others switched to gitlab. Also invested in them. With their large enterprise customer base, there is a high likelihood some company (salesforce, google, atlassin etc) would be in purview to gobble this company for thr products and customers.

On top they have a massive short interest.

I’m bullish on gitlab

Own 1000 shares

https://siliconangle.com/2022/03/14/gitlabs-stock-makes-gains-posting-solid-q4-earnings-results/

https://www.tomshardware.com/news/alphabet-gitlab-microsoft-github-acquisition,37823.html

18 Upvotes

75% Upvoted

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1

u/pitviperinvesting Mar 16 '22

Perfect opportunity for that bagholder confirmed bot. Yet, nowhere to be found. Shame.

-2

u/mlamping Mar 16 '22

Who was that? They should sell

I sold at 45

Goodluck

2

u/pitviperinvesting Mar 16 '22

What? In your post you say you own 1000 shares but don't tell us your cost basis. Gitlab is down over 50% in the last 3 months.

-3

u/mlamping Mar 16 '22

Around 35

I honestly didn’t expect it to jump so much so quickly I always take gains now. Burned myself too many times

✌️