The stock dipped some more, and has since started a mild upswing and I'm now up $2K based on the bid ask spread.
I'm getting excited about the upside but really depends on the earnings call Nov 5th to see if they're on track with their stated margin improvement goals. If we get a nice pop on earnings, I'll likely wait for that to cool off and then add more to the position on the subsequent giveback. I've spent the past month digging through everything this company does, and I'm impressed with its reputation as a platform for over 250 Fortune 500 companies with 95% ARR.
We are just getting started if they can actually execute. Love the risk reward profile on this one.
For the ALIT Bears, talk me out of sticking with this one. Take the money and run?