U.S. markets open in 4 hours 23 minutes

Pure Storage, Inc. (PSTG)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
22.86-0.49 (-2.10%)
At close: 4:00PM EST
Sign in to post a message.
  • W
    Will
    I'm long on this but need to handle this one with caution, just look at the weekly chart, one week it's up 15%, the next down 25%, same for the monthly too.
    Neutral
  • A
    ArShinuKe
    I read comments about Ark sold PSTG and Cathie Sold PSTG. Ofcourse, all etfs adjust their position to balance periodically. They too sell TESLA and buy too. Even if there is a buyer, it is going to benefit the investors
  • A
    AJ
    Pure Storage (PSTG +5.2%) is on the move after Betaville speculated in an "uncooked'' alert that the company may be a target for potential buyers such as Dell or Lenovo, though it's currently not clear what specific acquirer is interested.
    Betaville previously speculated on PSTG last month.
  • A
    ArShinuKe
    Wow Pure storage going up 30+ as bullish projection.. Triple Happy
  • S
    Syed
    Great product, easy to manage compared to other competitors. Many companies are switching to Pure from a complex environment. No wonder it's now the leader in Gartner's storage vendor quadrant and stock price is going up naturally.
    Bullish
  • A
    ArShinuKe
    When is the next earnings call? Does anyone know ?
  • W
    W
    I think it finally gets on the right track. Partnering with AWS and SaaS are both very positive for investors.
  • F
    FrustratedByMe
    I am not the most experienced trader here, but nonetheless have been unwavering in my support of Pure Storage as a long hold. Recent gains have been exceptional, yet I'm still very cautious with my expectations moving forward.

    Due to many risks still lingering, it is now the time to protect those gains with a "stop loss" feature. My preference is to generate a sell should share value dip below $21. Should this stop loss trigger, I would still have done well over all (buy in @ $11.80) and by no means would my journey with Pure Storage be over. Depending on the catalyst for a share drop below $21, there would be time to assess and rebuy at the appropriate time. Happy holidays to all!
  • C
    Cloud9
    Steady climb as the value ARK sees is getting noticed by other firms!
  • F
    FrustratedByMe
    Earnings, forward guidance, news, acquisitions, sentiment, overall market. Basically that's it. Negatively, earnings have been mixed the past 3 quarters with no guidance. The takeover of Portworx, general market sentiment, along with AARK's sustained purchase of Pure shares is the catalyst inching us higher.

    If you believe growth at Pure Storage has peaked...get out now.

    I am not of the opinion growth has flattened. Maybe in the short term, but overall it is the next 1...2...3 years that this stock is going to breakout. That is what we are waiting for. Continued growth will finally turn this company into a profit making beast. When Pure Storage finally transitions to sustained profit, that will be the time to exit.

    Nothing in technology is a sure thing. One breakthrough by a competitor spells instant turmoil. Your reason for staying long is the firm belief that Pure Storage will push the boundaries, and be the breakthrough enterprise that leads the industry. AARK did not purchase millions and millions of shares in anticipation of fantastical profit immediately. It is a process of thoughtful evaluation coupled with sound internal metrics, driving the need to maximize investor positions. Time will tell.
  • T
    Topgun
    Pure Storage (PSTG) saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an increase from 76 to 83. Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they begin their biggest runs.
    Bullish
  • F
    FrustratedByMe
    It is refreshing to see Pure Storage rebounding from an initial 10% post earnings share price drop. The best is yet to come. The past few years it has been a challenge to stabilize quarterly operating losses. As we are just about to enter the phase of profitability, share price can only continue higher. Pure continues to outpace the competition in growth, and is well positioned to continue adding shareholder value.
  • C
    Cloud9
    All longs - get on board the storage train now! This is a $40 plus stock in 2021. Dirt cheap - still - big big buys of data to handle mega trend of data growth from 5G - AI - genomics! No brained folks - get on board and hold tight for years! Long and strong!
    Bullish
  • R
    Robert N
    As of 12/7/20 Cathie Wood has 6.2 million shares in her ARKW and 18.9 million shares in her ARKK
  • M
    Mike
    251,191 AH at 21.74? interesting accumulation Take care Longs 2021 should really demonstrate the value of a portfolio company and provide a SaaS, Software valuation
  • M
    Max
    PSTG GOING MUCH HIGHER!

    BUY BUY BUY !

    PRE-MARKET WILL BE LOWS OF THE DAY!

    GO PSTG!
    Bullish
  • C
    Cloud9
    Still time to climb on board folks. This is still under the radar and small/mid cap institutions are going to be buying in aggressively and follow ARK's lead.
  • M
    Mike
    12m Shares today?
  • M
    Mike
    Continue to disrupt - Pure Storage Named a Leader in Gartner Magic Quadrant for Primary Storage Arrays
  • T
    The Magnificent
    $300 stock in 5 years.