TSX:BBTV.DB - Post by User
Comment by
dkjicsowon Nov 11, 2020 9:55pm
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Post# 31882626
RE:Trash stock
RE:Trash stockGenerally if you take a look at any of the tech companies, they have: - solid baord
- market share
- multiple channels of revenue
- M&A strategy
- reputable CEO/CFO
BBTV checks every one of those which I guess wouldn't be a good choice for a short seller. This stock is a golden opportunity
, you just have to wait a bit longer for the market to adjust from the IPO. BBTV has more than 2X watch time of the nearest competitor (Warner Media) and is responsible for 53% of Google's unique video viewers
FYI most tech stocks operate at a loss which is no measure of whether
a company is valuable or not. Amazon consistently lost money for its first several years as a public company. It first reported a quarterly profit in the fourth quarter of 2001 and, at $5 million, it barely counted. Litespeed (LSPD) is still operating at a loss while it is trading at $50+/share with a market cap of $4.7B