FIG
Simplify Macro Strategy ETF
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-33.33% Today
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BBBY: Who gives a FIG, anyways?
Mentions
Funny thing is Adobe is down because of FIG and FIG is down God knows why
FIG. it is used by every tech company and passes the resume test - it is a required skill in every UX/UI designer job listing so they have mindshare. their client base is also geographically diversified. it's also well capitalized with much more in assets than liabilities. adobe wanted to buy them at $20 billion for a reason. founder led. it's below their $33 IPO price. they are hiring a lot. i have been DCAing on 2028 leaps this past month
FIG is so depressing. It's been dropping forever now. I'm down 60% and still holding the bags.
FIG. Hit its lowest ever during the big tech sell off this week but the company has huge adoption. Pretty much every product team uses Figma over Adobe suite these days for interactive design work.
I have a list: FIG FIGR RKLB MRNA ENPH
ADBE is still a money printing machine. I wouldn’t call them a terrible company. You may not like their pricing model, but that’s a different discussion. As for FIG, they have about a 130% net dollar retention rate. Meaning people spend more once they license the product. And FIG is still growing and adding features. They just bought Weavy.ai and will offer a subscription service for that feature.
What are the "blue chip" mid cap SAAS stocks I should be considering leaps on? I'm looking at NOW RBRK CRM INTU DDOG NET FIG. This SAAS scare will blow over at some point, I'm looking for "that" stock which will have the most explosive upside
Dodged an 80% loss bullet on FIG, ran right into a 40% and counting loss bullet on BTC.
No it's even worse. Look at FIG
$FIG is the play https://preview.redd.it/6nfgr2l3pohg1.jpeg?width=1116&format=pjpg&auto=webp&s=c97a374edc84d06d036e666a035c619d5536ae22
A lifelong Adobe user here..mostly with products/subscriptions paid by employers. Excellent products ofc. From what I hear Figma is even better and definitely has market share. ADBE is a terrible company in that its customer base absolutely hates its licensing model, calls it predatory, etc. FIG from what I hear is already being used by everyone who needs it and doesn't have enough potential customers to grow enough for the valuation. Back to my question: Two years ago, Adobe wanted to buy and absorb Figma - they rejected opting for IPO. Seeing that hasn't gone well for investors, and Adobe's investors are feeling pretty bad atm, maybe its time to revisit a consolidation? IDK, just throwing it out there
FIG is cooked with AI tools, why subscribe
You must look at it from a single day perspective. The company is worth something. Throw away all of the previous numbers and only look at where it’s at today. The past is irrelevant, the IPO and downfall is irrelevant. What matters is the current price relative to what you think, or know the company will be worth in the future. If you believe in their product, jump in or get out if need be. That said, here’s my magic numbers, (remember, I’m just a Reddit Rando who has a small position in $FIG). Ideally I will pick up more shares and establish a larger position if they fall to $16 or below. At EOY, I expect them to be at about $27-35 per share. I’m more than willing to be wrong if they dip to below $17 per share, or come out well above $40 per share. This is what makes gambling, I mean “investing” fun. Life is like a box of chocolates.
My coworkers were copy-trading each other and neck deep in FIG. Who’s laughing now suckers?
Yes. Adobe can still fall more 😉 Not sure if FIG will hit 15 but the lower 🌽 goes, the more realistic hitting 15 seems
I’m not standing up for FIG cause it’s a piece of shit, but GME has cash on hand from diluting apes.
FISV. Maybe even FIG, since at low prices they will be a buyout candidate
Didn't Figma IPO at like 15B and then immediately pumped after IPO to 60B? 15B seems pretty reasonable to me based on revenue. I work for a high growth private software company that does about as much revenue as FIG but growing at a higher clip, and our current valuation is just north of 15B (not going to name it)
dude this comment makes me want to go all in FIG lol
I'm the idiot who bought FIG after it looked like it had stabilized a bit after dropping back below its IPO price. Since then, it has dropped between 2-10% (almost) every single day. I don't think I've ever seen anything like it, outside of companies spiraling into bankruptcy.
How low do we think software stocks can go, I think FIG has at least another 20% minimum
FIG could be the shittiest stock of all time. Will report back when it hits single digits
What a good few months to be holding only ORCL, FIG, RDDT, and HOOD Ahah, imagine 🤠
FIG idk bro. There has been selling pressure in the market recently, so it's expected.
I am just glad I sold FIG when it was 39
I've traded FIG 2 times. Long on IPO & short for earnings. I can see 15 on this fucker at some poin, especially the longer they hold their 🌽 position.
Would suck. Same with with something like FIG, where you can't even sell if there is a lockup period. Could be even worse lol.
I have an account with money set aside for my wife's next vehicle. The account may or may not hold shares in FIG, S, TTD and RBLX. Hope she likes walking.
So if ADBE really still wants FIG it can buy it for peanuts, please do so i can unload this piece of shit
Somebody help me, I keep dropping bands with every .25 drop in FIG
So they gonna delist FIG or something?
same thing that's wrong with FIG, CRM and every other software company
Your portfolio is FIG, IBM, PYPL?
FIG lmaooo. I remember reading in the stocks subreddit that $70 was a steal 😂
FIG under $22/share LMAO
Call me Thanos because I hold them all. ORCL SNAP FIG SPT BYND TLRY PSKY WOLF OPEN
Is there even a bottom on FIG? Surely the company is worth..something..right?
Imagine being fully invested in FIG, TTD, PYPL, and NFLX
FIG down to $22. I got lucky with getting decent amount of IPO shares at $33 and quickly sold Al at $100. I just know the retard that bought from me is in here holding thinking he’s diamond handing it to $200 or some shit 😂
FIG going drill through the $20 floor
whoa apparently if you rearrange the letters in Jeffrey Epstein it spells "PLEASE FOR THE LOVE OF GOD STOP SELLING $FIG" That must explain why it's -85% off its highs
It's that too. I've seen a LOT of posts by people who are AI skeptics who refuse to believe that AI is a serious threat to SAAS (best example is Adobe with Photoshop). The fact that AI can now generate very good images AND now you can have it edit specific parts of the image itself instead of creating a totally new image is game changing. I am interested in FIG though, design is more granular than just needing roughly good images. Maybe FIG is ok but even that I don't know.
FIG is really the worst of the worst
Had a bet on FIG for this week, it's fooked already. Shouldn't have bet against weak sentiment.
Will BLSH or FIG ever see a green month again?
FIG to change its ticker to POS
Yea it's over for SaaS. I thought 6 mo ago that the $FIG bottom at the end of this cycle would be sub 10. But I thought that'd be when SPY is sub 3k lol. Will happen a lot earlier.
Any FIG holders in here. What’s your take on this tom foolery
DCA FIG until $0 cost average
Damn. I keep wanting to buy FIG but it only goes down. Figma balls I guess
Bro what actually is wrong with FIG? Like literally the retarded spawn of two drunks
can FIG go under $10?
Really need Sam sister-fucking Altman to announce a new core partnership with $FIG
For some reason FIG bought some 🌽 at like a 114k average. Don't look so good 6 months later... ...and neither does their share price 😉
FIG is a very normal tech stock. It’s just going to get bought out by Adobe eventually. Do with that what you will
A few years ago WSB kept mentioning RKLB/PLTR when they were in the single digits. What’s the new RKLB? I keep seeing FIG and PATH come up. Any others?
Play FIG call options for the run up before earnings. Chaper volatility. YOUR WELCOME!
What was your thesis on FIG YOLO? Hope you can carry the load of the bag you're holding now!
Crazy how people were paying $130/share for FIG but they wont touch it at $27
What do you thing about Figma(FIG) ? +58% institutional transition in last 3month
$FIG hitting you with the uno reverse card in literally the only green in months.
🚨BREAKING: Rep. Cleo Fields just disclosed up to $280k of new trades. Purchases: 🟢$50k-100k worth of $GOOGL Sales: 🔴up to $65k worth of $FIG (his entire position) 🔴$50k-100k worth of $IREN (his entire position) 🔴$1k-15k worth of $OPEN (his entire position
Bro better close these shorts before FIG recovers from its 2.5% drop today!
FIG short guy eating good
I did this with crwv on a much smaller scale. It worked nicely over a few days. Best of luck and don't forget FIG has like 750 🌽 at 110k+ buy price. A hefty loss for sure to help add to the downward pressure!
SMCI, FIG, HIMS, TTD. Which beaten up stock to buy?
SMCI, FIG and HIMS are the 3 horseman of theta around $30 and I'm trying to figure out which to buy
Maybe I am 🤡 but I believe when the narrative turns around on FIG the pump will be great and swift. Slowly accumulating at these levels.
some big name IPOs last year, look at $FIG, $GEMI, $KLAR, $ETOR $BLSH charts. most IPOs are overpriced to begin with, mostly because investment banks know they can get away with it because of retail interest for every $CRWV, you have like 10 badly performing IPOs
you just going to buy it blindly without knowing the valuation and financials? you are the type of person to get burned by the $FIG IPO
i've heard enough... doubling down on my calls on FIG
peak bearish sentiment on FIG ADBE and similar "AI will kill them" names... RSIs for great growth SAAS in the teens now on the daily chart lol
what makes you think FIG drops in sympathy with MSFT
Yes and no. They are pretty terrible with price points and I never use them. However, a forward PE has nothing to do with a price point. It's an aggregate total of analyst around what a company should do based off their guidance, if given. For ADBE for example: [https://www.tradingview.com/symbols/NASDAQ-ADBE/forecast/](https://www.tradingview.com/symbols/NASDAQ-ADBE/forecast/) For a quartley level, they have more or less hit the estimate growth by .3-1%. It's pretty accurate to say that Adobe will probably do 6.27ish Billion next year. That's how you get the foward PE. FIG for example has like a 13 B market cap and expected to have like \~1B of revenue over the last 4 quarters. It's a newer company, so estimates could be off.
Forward anything is useless. Analysts are terrible at predicting the future. FIG hasn't been out a year yet and PTs are usually a 12-month out guess so I'll use ADBE. On 1/22/25 analysts had an average PT of \~$575. ADBE is trading at $417. Just a 27% miss. Forward anything is useless in my book.
Wild thing about FIG is that the forward PE is at like 118 lol [https://stockanalysis.com/stocks/fig/statistics/](https://stockanalysis.com/stocks/fig/statistics/) Forward PS to 10. Even with all that dumping, it's not like the stock is cheap.
FIG has no future. It’s one of the guaranteed companies being replaced by AI
FIG daily rsi just chillen at like 17.... ridiculous price action imo
so MSFT dumps because CEO is cautious on AI - $FIG dumps in sympathy.... but isn't FIG dumping because AI is allegedly going to make it obsolete? Seems like no matter what, FIG dumps. ...that said, it only dump 2.5% today rather than its typical 6%
awesome day for FIG today, only down 2.5% rather than the typical 6%