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$BLZE Backblaze storage company earnings on Dec13 after IPO on Nov10
$BLZE is going knock everyone’s tits off, so I’m all in - Cloud storage Amazon AWS competitor under $1 Billion Market Cap, SaaS business model with 50% gross margins, and 33% YoY growth. Company has rarely ever had to request outside funding
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Really? I thought Backblaze was obvious from his post. Last word is “ablaze”. BLZE
He is just calling you re trd, bro, don’t search for it… ticker is BLZE
Lemme guess, BLZE is gonna be a banger?
Agree, smaller businesses and startups cant afford to buy physical storage, so if physical demand has gone up (big companies) it's reasonable to assume that it will be followed by smaller companies. $BLZE looks promising.
I have like 15 favorite stocks below 2 billion mc. But I’m betting big on BZAI and BLZE this month . Good luck everyone.
Park Place: $2 million NVDA at $5.9 per share, sold at $180 per share. Kentucky: $5 million BRK.B at $70, still holding Get out of jail: $500,00 of BLZE at $9 in 2024, resold this year at $500,000
Down 27%, who is gonna BLZE it with me?
This may be the day to BLZE one
What happened to BLZE damn
I really like Backblaze (BLZE). They do data backups, and they do it very very well. They are very close to hitting profitability, which I think is going to start up some real price action. Each of their customers tend to stick around long-term, and I think there's very little risk of backtracking after breaking through.
BLZE For media professionals, it's a no-brainer. It's a safety copy of UNLIMITED DATA stored in a cloud server for less $100/year. I currently have 22TB backed up, and I sleep so much better at night knowing that if any of my drives fail, I'm covered.
BLZE For media professionals, it's a no-brainer. It's a safety copy of UNLIMITED DATA stored in a cloud server for less $100/year. I currently have 22TB backed up, and I sleep so much better at night knowing that if any of my drives fail, I'm covered.
Still waiting on BLZE
Everything on my list is red except BLZE.
Lets go BLZE :) Finally moving in the right direction!
Np Others to keep eyes on GRAB, IBIO, BLZE, MNTS I got most of these $1 under current price. I’ll check my lists and add a few in a bit A long shot I have is AIM. They should be moving along with a study using their mist alongside an AstraZenaca product. With the RFJ jr stuff and NIH issues it’s just a little uncertain and bumpy. IBIO CVAC IBIO AIM are all avian flu potentials. IBIO is doing some cool stuff with AI. But again the climate right now is unpredictable
Anyone remember BLZE?
BLZE did an offering right after I bought in, but it's running like a bull with gaps almost come back for me totally already
damn, Backblaze BLZE threw my back out with that offering.. I knew it was going to run and bought in .. company has a mere 273M market cap
Thinking about 7.50 calls on $BLZE. Thoughts? Sarcastic or off-color comments?
BLZE calls. Time to make some money.
Does anyone have thoughts on Backblaze,$BLZE? Trading around $6 down from a high of ~$11 a few months ago. Has strong revenue growth
BLZE, MELI, …there are a few
Haha don’t worry, I wouldn’t laugh in your face. The main advantage really is their price point and transparency. You can go on their website as a potential customer and see exactly how much you’ll pay. Seems like customers like having a split between BLZE and say, MSFT. It cuts their cloud bill by more than half and gives them more flexibility. I don’t see them joining the big 3, but they hardly need to reach the $1T mark to deliver strong returns. Strong ARR growth, strong operating leverage, and an attractive valuation.
If you are looking for two software small caps who are primed for a breakout, check out BLZE and XMTR
You got it all good. But when it comes to the question about selling just a day or two out, you greatly reduce your profit potential, and/or greatly increase your risk. Also, the options are written according to a constant schedule, not just "Wednesday" cuz you want it to. Besides a couple like SPY or something, all options expire on Fridays. They are typically weekly, and can be written months in advance, or years in advance. Some stocks aren't "big" yet, so they may only offer monthly or something [Like my BLZE :-( ]. You're essentially selling volatility potential over time, and can buy back at any time to gain profit of there's some significant movement in the direction opposite the strike. I try not to hold my sold options to expiration, because that penny or two isn't worth the chance of freak aftermarket action that vauses your stuff to get exercised after the bell. Also, if I close the trade, I can open the next week's already if there's a good trend to sell into already. If the call expires on Friday, and you sell on Wednesday (2DTE, 2 days to expiration), most the strikes probly won't be worth much, since there's like no time for much movement. Especially on a small value stock to allow you to own 100 shares at your account value. Also, if you did want to sell something for .04 a share at a strike really close to the actual stock price, id say it's pretty risky because one bad global market day can probly bust that strike and you're looking at a loss when you only wanted a couple bucks. And Everytime that happens, you'll buyback to close the trade, and then it'll bounce. The universe works like that lol. I typically sell a full week to two weeks, or maybe a month on things I'm fairly confident on. I try to time my calls in line with a strike near a resistance line or for puts, where the support is. And on my bigger chunks of stock, I started to shy away from selling against all my shares, or would at least stagger the strikes a bit in case something bad happens. Even Lower risk, lower reward, but I want as close to guaranteed money as I can. If you only have enough for one set of shares to sell against, it'll probly seem like it doesn't work too well. And the value swings may seem bad. But it's all about consistency and still knowing when to get out of bad trades, to include your underlying shares (after you close the call, to be able to dump shares if need be). There's also a couple other strategies in how to do it, though id never suggest them without lots of experience in how stuff works. I made an insane implied volatility move to buy shares of AMC right before the markets crashed that fateful day way back when. 1000 shares at 19 at 359pm. The plan was to sell the call, because the price for the contract to expire the next day was stupid higher than normal, since it ran from 10 to 19 that day. And the options markets didn't even have any options higher than 9 yet. So I sold 9 strikes, for 10.5. 9 strikes + 10.5 premium minus 19 investment = 0.5 per share expected profit. I just had to hope it stayed ABOVE 9 by the end of the next day. Wouldn't you know it, aftermarket it crashed to 16, and by morning, Robinhood said "you can't buy this anymore" and the market went NUTS. I managed to close my options after a 9 minute wait for notification before I could then TRY to sell my shares to see how bad I messed up. But the stock was going crazy - 16. 15.4 15.7, 14.9 15.2. 14.6. 15.1..... I got the option buyback for 5.5 (5 profit) sold the shares for 14.5 (4.5 loss) and after about 40 minutes realized i made 552 bucks on a rather yolo 19k bet in one day on COVERED CALLS. I don't advise playing with fire lol. But it seemed like a lock. If Robinhood hasn't shut off the buying etc, it woulda been a much easier in n out where I coulda bought back on the dip for whatever, and on a bounce sold the shares for another 1k difference. But it didn't work out.
Lol I bought BRZE instead of BLZE last Friday which has cost me a shit ton 🥲
Something fishy going on with BLZE. Real 🐠 y
BLZE earnings calls? Grabbed a handful this morning, undecided if I wanna sell tomorrow am or hold til Friday
The bandwidth alliance with BackBlaze really piqued my interest, and they seem related -- my BLZE is up around the same % as my NET bought at the same time.
BLZE and XMTR, both growth stocks down from their IPO
BLZE hasn't underperformed, been oversold, nor is it currently under(book)valued in my opinion, but I do love its growth prospects. ARR from half a million customers and growing, storing ever-growing amounts of data in painful-to-migrate-out-of cheap cloud object storage.
I just got some BLZE the other day, strictly because of Golden Cross
I think competitors are starting to crop up - check out BLZE. Not as many sharing features, but a godsend for media professionals backing up data. Up 50% the past two weeks too.
For those curious as I was about the chicken scratching: $AMRN, $BITO, $BLZE. Try harder
BLZE, got in at 4.20 😎
BLZE is a very thinly traded small cap name which came public at $16/share, traded up to $27/share in November of 2021, and has now traded off 80% to $5.30/share. The founders own nearly half of the company 5M shares on 32Mb so the float is abysmal on top of an already small market cap, so I get why nobody cares about this thing. At about 1x revenue it is incredibly cheap on traditional SaaS metrics and just feels like it has been left for dead. I get that there are concerns about competing with AMZN and that arbitraging the price of data storage doesn’t feel like a great moat, but frankly I think the risk/reward we are presented with here at these levels compensates us for those concerns. S3 is a massive and likely profitable component of AWS and if BLZE can win some small business on the margin as the low-cost player in this market then this can be a nice little business over time. They’ve clearly already struck a nerve with the 80K paying customers of B2 and I don’t see them constrained by the size of the market.
BLZE. I love the company and the service, and I’ve been averaging down since IPO, but it’s my holdiest of bags for sure. Still hopeful.
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BLZE backup and cloud storage. Focused on low cost cloud storage undercutting the larger providers. Backup business as well. Consistent revenue. Risk is that because they are not part of a major cloud, their business can't grow because they provide only storage and no compute.
BLZE They have issues. But still they occupy a useful niche.
Hah are you bag holding BLZE or something?
BLZE, BRZE, TTD, various options depending on volume. Probably not gonna be a crazy day tomorrow imo
$BLZE. I’ve used Backblaze for years for tertiary footage backup. We’ve pushed at least 50TB to their service and it’s always reliable. I sleep better at night knowing I have an offsite backup through them. Plus their mass drive statistics are next to none.
Why are we not all BLZE it up?
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Currently working on a run with BLZE
BLZE it's actually a great company but small in the larger scale of things. They aren't super niche but do what they do well. I bought 10 shares as a way to keep an eye on it but I'm thinking I'll buy at least 2k worth
So, there's a little company called $BLZE out there that IPO'd last year. Got in at the IPO price, sold when it touched 35 just because I thought that was a little too far for the company with the best of intentions to get back in. Never did - somehow they got deleted off my watchlists and I forgot about them until very recently. Currently sitting at 340 mm cap. Very low risk play at these prices if someone is looking to get into the cloud archival space and is willing to be patient. ​ Disclaimer: I don't have a position here and I'm having a hard time envisioning a scenario in which I take one in the short term, but that's just because my fun portfolio focus right now is in more defensive plays than speculative.
Anyone in on BLZE for ER today?
Penny Stock: $EAST (Eastside Distilling is the country’s first and only publicly traded craft distillery, has been a sinking ship since mid-Nov, CEO recently resigned, 3 year deal with NBA Trailblazers) Other: $AIP $BLZE $CHPT
MissU2 💋 All good buddy, still not jumped back into options in a worthwhile way, just watching my BLZE and MQ commons swing violently every day and wondering when to average down lol.
Interesting. Very interesting. Yeah cloud has been beat down a lot to the point that it’s a gamble if it’ll go up for me in the short term. I have been looking at ANET and BLZE. Just can’t identify a direction there. 2 analysts adjusted the PT. Kind of tempted to throw 500 into 22.5 myself. Hopefully the contract opens at .20 tomorrow
Invested in $BLZE when it launched in the market. I invested because I use them and think they're great. I don't think I've seen a stock fall further than theirs has haha. I didn't put loads in but my god it's gone down.
That’s why I recently bough 230 shares of BLZE
To the asshole who’s in love with BLZE. If this doesn’t wake up I’m selling before earnings.
can you say if my protplio is good: 60 shares BLZE 65 SHARES IONQ 60 SHARES MTTR 60 SHARES LWLG 20 APPLE
Options are finally available on BLZE, looking pretty cheap considering the volatility, it just moved 3% on a 5k candle. Pretty illiquid at the moment though.
BLZE could be an interesting play here.Hope they beat the estimate earnings of $0.18 per share by B.Riley.
BLZE earnings sooner than 12DEC would be neat. I’m tired of scalpers on this new ticker. The fact that no one is talking about it anymore or on big media tells me this is a good one. You can’t be cheaper and more friendly than AWS in the cloud space and not make money.
You have any thoughts on BLZE? They report earnings on the 13th. I’m asking for a friend…
Bought BLZE, now underwater, didn’t sold when I should’ve had :(
If BLZE had options… that stupid thing drops 5-12% A DAY. Guess how I know?
WHERE ARE THE BLZE OPTIONS MARKETTAKER1?! YOU SAID THEY’D OPEN TOMORROW 2 WEEKS AGO. Lol
They're a 500M mktcap company. Obviously they don't have mega enterprise clients. > They are primarily targeting the audience of individual users and SMB. Their price is the most competitive in the industry, yet they are still able to maintain 50% gross margins. Notice how I said the same thing you did but backed it up with facts: > The biggest risks against BLZE is that they are mostly competitive on price. Which makes their market a race to the bottom. Margins can get squeezed, there's no loyalty in customers, and its easy to migrate storage solutions.
Hey dude who was shilling BLZE, any idea when it’s gonna get options?
Shout out to the BLZE gang
Picked up some BLZE commons, dying hard on no vol, gambling on a bounce…
I feel like BLZE would have an issue comepting with Amazon, Google and Microsoft's own cloud storage. Any of these companies can simply price gouge BLZE if they wanted to.
I’m most bullish on BLZE, CRWD, and SPOT. BLZE has valuation under $1B. I use it to backup my own computer. They have huge opportunities in the growing cloud businesses and are growing rapidly. I don’t think you have missed the boat on CRWD. The future of conflict is cyberattacks, and Crowdstrike has a simple subscription cloud based security system that has never been breached. Great risk reward for any company. I expect them to increase several times over in market cap over the next decade. I’ve been adding to this position in recent weeks. Spotify isn’t incredibly profitable right now but the price to Sales is reasonable. I believe that they will replace much of the music industry and sign artists directly longteem becoming more like how Netflix produces their own content. This would improve margins. Also, alternative Passive audio like podcasts are growing like crazy. Spotify dominates among youth. Market cap of $47B has plenty of room for growth in future decades.
Backblaze (BLZE). Just ipo’ed on Nov 11th. Still super small market cap (below $1b). I think long term they can challenge some of the big boys in cloud storage. Right now they are targeting small-medium sized businesses. Seems like they are well-liked, high customer retention and people there love working there (4.9 score on Glassdooor). So I think they have great long term potential.
I have a question regarding BLZE. On finviz and yahoo finance the float is shown as 1.23M and 1.35M respectively. On marketwatch it says 6.96M. Anyone knows which one is reliable? Also does the short interest data come up on the last of the month for newly IPOd stocks or is it delayed? Any input is appreciated ❤
Pssst BLZE is cheaper and has been green for 2 weeks
BLZE back to being badass again
Is BLZE gonna keep plowing me? Stay tuned for more info
Backblaze (BLZE). They just ipo’ed last week and still have a market cap of below $1b. They are a cloud storage company that allows companies (mainly small-medium sized) to back up unlimited data from their desktops. They’ve developed a more simplified and lower price structure then their competitors. I don’t think they’ll be the next Amazon or Microsoft for cloud storage but I think it can become like Cloudflare which has a market cap of close to $68b.