RE:RE:Up 250% since MarchBigBagofWeed wrote: NEARLY EVERYONE IS UP SINCE MARCH SO BAD COMPARISON And only up 3% this year
Jan 2 stock was $42.20 no big improvement.
NO DENYING LSPD HAS AN EXCELLENT TECHNOLOGY BUT DEPENDS ON STORES AND BUSINESSES REOPENING. TRUMP'S REOPENING OF THE STATES HAS BEEN A DISASTER AND SOUTH AMERICA IS IN VERY BAD SHAPE .EUROPE IS STRUGGLING TO REOPEN ITS BORDERS..
https://www.npr.org/sections/goatsandsoda/2020/06/08/872470111/noting-like-sars-researchers-warn-the-coronavirus-will-not-fade-away-any-time-so If this virus doesn't go away, watch LSPD tank further. Should have bought " REAL " and " ELD " in Jan instead at 12 bucks and they .just keeps going up.
LSPD DEPENDS ON ECONOMY RUNNING, NO ECONOMY NO NEW LSPD SALES JUST RECURRING REVENUE FROM EXISTING CUSTOMERS.
LIGHTSPEED HAS PLENTY OF CASH, BUT IT ALL DEPENDS ON HOW LONG AND BAD THIS FKR VIRUS LASTS OR WE GET A WORSE SECOND WAVE,
LSPD HAS GOOD CASH ON HAND BUT IT WON'T LAST FOREVER
ANY WAY YOU SLICE IT.LSPD WON'T BE A MONEYMAKER BEFORE A FEW YEARS.
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Also
BUY " ABT " software instead up 66% this year and 80% growth in one year. And it hardly dipped in March and is way " UNDERVALUED " ABT is profitable NOW and has a dividend.
GLTA
We own just as much REAL in our funds as LSPD and also hold a half position in ABT in some of our accounts, maybe I underestimated you. Not sure what your hate on is for LSPD unless you want it cheaper which I can understand. Lightspeed is about to touch it's low end of the distinct trendline channel that is forming so you may get your buy opportunity shortly. Lightspeed is a good trader if you time it right. The bottom of the trendline is around $34.50, which gives a bit of down side risk. On the other side of the spectrum if you draw a line across the peaks on the one year chart that puts the top of the trend at $44 a nice return given risk reward.