No. of Recommendations: 8
CrowdStrike Holdings, Inc CRWD 6.6% Portfolio Holding

CRWD is scheduled to report Q3 2020 after todays close.

The company is in the cloud security business with a platform it calls Falcom that provides workload protection on-premise and provides endpoint security for all the usual devices known to mankind.

You can find out more by going to the company website found here:

http://www.crowdstrike.com/

You can register to listen to the upcoming CC here:

https://edge.media-server.com/mmc/p/c6m83d9o

It last reported Q2 2020 on September 5th and you can do a quick review of the Press Release and CC Transcript here:

https://seekingalpha.com/pr/17623736

https://seekingalpha.com/article/4290066

Highlights Included:

* 94% Y/Y Revenue Growth
* Subscription Revenue Increased by 98%
* ARR Grew over 104% Y/Y
* Non-GAAP Gross Margins came in at 76%
* Non-GAAP Loss from Operations was Decreased 25% from year ago quarter.
* Non-GAAP Net Loss came in at $23.1M vs $30.3M in the year ago quarter
* Net Cash Used in Ops was $6.2M vs $28.7M in the year ago quarter.
* Added a net 730 subscription customers
* Launched Falcon Fund

* RAISED GUIDANCE

Ok thats a brief historical look back...so what are the expectations for todays report? Check it out here:

https://seekingalpha.com/news/3523758-crowdstrike-q3-2020-ea...

The company has been selling off a bit over the last couple of days including -at the time I write this - a -2.55/(-4.64%)hit today. Call me
crazy but that doesn't seem to presage a wonderful report - and - in todays market the least little quiver in the CEO's presentation and we could be in free fall during After Hours. Or - they could hit the ball out of the park and all of the little nancies bailing might be buying back in. Lots of chatter on the boards about a huge short and brokerages asking to borrow owned shares so the piranhas can have shares to short. Hard to tell whats really going on and by the time anyone actually knows its to durn late to do anything about it anyway.

Given todays price action it feels as if someone knows something I don't and its hard to feel optimistic or even mildly good about the report - but, nothing to do but wait it out.

Happy Holidays
....And....
All the Best,
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