Price target 20,30 if the restaurants soon
Dont make me laugh we your take over of lightspeed at 30 and above. Lightspeed in one year target is 20,30 if restaurants open soon. P/E of lightspeed is not even predictable, its more irrational. Applications for restaurant is the last priority for restaurants who are on survival mode. A too risky stock to own in bear market. You must own Big company with a lot of cash flow, with essential products or services to not loose your investment. Even Warren Buffet dont buy stock since february. He know the worst is too come on the stock market. In few months people who lost their job will start to dump incredible stock. Because there will be out of cash after the lack of governement stimuli. The governement couldnt hold all the companies for ever. This pandemic will have a long duration of 6 months to 1 year and a half. Dont expect lightspeed to recover soon. It sad old people cannot warn us. Every 100 years there are a pandemic. Its a regular cycle in life. 1818-1824 asiatic pandemic, 1919-1921 spanish pandemic, 2020-? chinese pandemic with corona virus.