Trade School: What to do with CrowdStrike

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[moneekdilawari]

When a trade goes wrong, it becomes an investment

[garybarrett]

I wouldn’t touch this until the legal ramifications are dealt with

[wilhelmina-oc]

The biggest lesson I learned in 2023 about the stock market is that nobody knows what will happen next, so practice some humility and low a strategy with a long-term edge.

[JoyceMuller-xvkh]

This global internet outage is insane! All airlines grounded and i was stock the airport and even banks, media, and offices from the U.S. to Australia. How can CrowdStrike have such a monopoly that could help restore such a massive amount of tech?

[sidinhasol]

Exploring crypto trading has proven to be a superior choice compared to stocks. With the potential for higher returns, 24/7 market access, and innovative opportunities, crypto trading offers an exciting and dynamic investment landscape. A special thanks to Shea Ardolf for her invaluable guidance and support in navigating this thrilling market!

[Flexipop]

I’m glad I got out with my position at 300. Setbacks for a company is one thing - this is on a whole other level.

[anujanshankaran]

right now it has a 511 multiple. Would never buy it

[shadowmil]

Crowdstrike is going to get sued into oblivion. This was gross negligence and their ToS isn't going to protect them liabilities.

[DumbledresArmy]

If you were a client wouldn't you look to cancel your renewal and move to competitors?

[williamchurch]

I'm out until I hear more about the legal ramifications of these outages. Also, I'm sure Microsoft will be looking to restrict third-parties from accessing the Kernel level of their operating system. I'm not sure how that affects CrowdStrike business.

[theMoney]

You can say you are only liable for X, but that doesn't mean you can't be sued for 100X.

[thetradersam]

Lawsuits will be coming, and competition is tapping their heals and Microsoft is probably evaluating doing their own thing, I will watch this one from a safe distance..

[dsicario]

Sold! Been in tech over 30 years. This was crazy bad

[larrybrewer]

It appears that Crowdstrike has a lot of FBI connections. Expect another outage in November.

[QuanLe-lxiw]

US: Try to protect the country by using crowdstrike
Outage occurred by Crowdstrike self destruction
China and Russia:😂
US: 😢
We are being laughed at!!

[mnashish]

Don't touch it till liabilities become clearer.

[CimandeTube]

Wait for lawsuits. Don't go near this until that's all over

[rhuwyn]

To anyone wondering what to do about Crowdstrike. Look at what happened with Solarwinds. Make your own decision.

[Capt_M]

I work for a F500 company and we’re dumping CRWD unless we get a hell of a deal. Friend who works for another F500 company is in talks to do the same. A lot of people eyes are opening to the risk of CRWD.

[PolarisPointsNorth]

Good luck with crowdstrike getting new customers. Not gonna bounce back to it's previous levels.