There is still plenty of opportunity for anyone who wants to join me ;)
It's a very volatile stock, so it may be safer trading put spreads than the stock itself. But if you are agile and in the market, trading the stock is more profitable.
BTW, this is fresh off the oven. I think Zoom is genuine in what they say. I also think it will not stop the lawsuits from piling on.
Zoom admits it does not have 300 mln daily users - the Verge
April 30 (Reuters) - Zoom <ZM.O> video conferencing app does not have 300 million daily active users, the company admitted on Thursday to the Verge, saying it "unintentionally" referred to daily meeting participants as users in a blog post. The Zoom blog from April 22, in which the video conferencing app announced a 50% jump in users over three weeks, has now been edited to say that the company had surpassed "300 million daily Zoom meeting participants" instead of "more than 300 million daily users". bit.ly "When we realized this error, we adjusted the wording to 'participants'," the company told the Verge, adding, "this was a genuine oversight on our part." Zoom, which has been heavily criticized for overstating its encryption capabilities, was not immediately available for a comment. (Reporting by Subrat Patnaik in Bengaluru; Editing by Amy Caren Daniel) ((subrat.patnaik@tr.com; +1 646 223 2742; Twitter: @Subrat_Patnaik;)) Rank : n/a
Related tickers: ZOOM VIDEO COMMUNICATIONS-A (5ZM, ZM)
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