5/2/24 - $bill good print, small nuance but buy/own

5/2/24 - vrockstar - good print, decent guide (let's be honest, better execution than other B2B style software), valuation reasonable 5x sales w/ opex leverage and good SMB moat and maintaining >20% pa CAGR growth rates w/ a lot of runway. conservatively modeling cash in my prop model, seeing dramatic upside here is probably not likely until we see some sort of resolution in rates/ SMB-related "macro" which could be a 2H event. So while I'd be interested here in the sub $65 level (and was lucky enough to snag some share in the high 50s post result here AH)... my play here is to monetize by selling/ renting 5-10% OTM C's weekly until we get a retest of this $60 level that comes from a macro-related reset. like the founder/ ceo here - real deal - a stock you'll want to compound at the right price in the MT context. you'll likely make $ buying it at post EPS levels (mid 60s) into YE, however, the upside isn't immediately obvious up and to the right from here per the above. be patient, wrangle a good spot based on macro and leave any comments below if you disagree. gl all.