Post #71 by BenSolar on the Upstart Holdings board

Stocks A to Z / Stocks U / Upstart Holdings (UPST)

Unthreaded | Threaded | Whole Thread (11)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 5

UPST zoomed up 13.7% today on no news. I think the recent improved inflation report, strong job numbers, and the older news of UPST having significant funding available have combined for some of the heavy short interest to back away from their position, buying to cover before they lose even more money.

I'm happy to report that today's move has put me back in the black on my UPST position. I had a couple of buys at prices in the low-mid 70s, then another chunk at ~$30. I did not have the nerve to buy more when it dipped into the low teens, but I'm glad I didn't give up.

The long term story remains to be told, but I think they have a bright future.

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (11)

Prev | Next

Announcements

Upstart Holdings FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.