RE:RE:Lorne SteinbergWell bmiester - Steinburg was going on about some nonesence drivel about Lightspeed being unprofitable and not being able to be profitable for several years. As well, some other utter crazy fundamentals like after the fall it is now trading at 20X REVENUES. Complete lunacy what a moroon - apparently not willing to pay for such dynamic low risk fundamentals.
Also why is everyone saying lspd went from 120 to 50. I believe it went from 160 to 50. Dont worry though just come back in 5 years and it will be 275 guaranteed. Dont bother to look till then because Justin wont let any company go bankrupt (will be passed in the commons tomorrow)
bmeister2 wrote: I wish people that listen to Steinberg and his ilk would sell and stay the fock away from Lightspeed and any comments thereof. I would like to know his reasons and wonder where Steinberg stood on Shopify when it was under attack back a few years and look where it is now. Some of the same people didn''t want to mention crypto and yet it has created more millionaires than any other " commodity since it was invented. Now, we see where even the great Elon Musk is heavily into it. So, the moral to my story is you, the investor has to separate the wheat from the chaff and based on your own DD or those of whom you really trust, invest in long term stocks you feel could be on the cusp of change in our market system. Sorry,Lorne, on this call I beg to differ knowing the proof in the pudding will take a while to bear fruit. I will wait.