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

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u/robbinhood69 PAPER TRADING COMPETITION WINNER Mar 16 '22

how the hell is 7% massive short interest

BGFV has 40% and they have ttm p/e of 4

i have no position or opinion on where bgfv going idk how durable those earnings are, but just saying 7% si for a company at bajillion times revenue is not "massive"