RE:RE:RE:PendingSteve like i said in an earlier post, stocks resemble revenue growth. Before they acquired gsx, revenue in aggregate was always around the same, very little growth. With gsx they now can grow 20%+ organically per year as an entire company. That's worth more than 3x revenue where the equity is trading right now.
Good things happen to undervaled stocks. Just have to stomach the patience and stick to the valuation thesis. I owned a technology company in the past that was undervalued for 4 years until it got acquired by a larger competitor. I am sure bigger software companies or smaller pe firms are looking at this with its revenue profile, recurring revenue, and gross margins against current valuation. Someone could make a TON of money if they acquire this for say 40 cents per share (which is around 6x revenue) and re IPO it in 6-12 months from now at over 10x revenue and likely higher because of the organic growth that gsx carries. I'm not suggesting this scenario will play out; I'm saying good things happen to cheap, growing stocks. I'm sticking to my guns knowing revenue will grow quarter over quarter for the forseeable future driven by GSX and IQ sales. If it doesnt rerate turns higher by end of year, it will likely be acquired. Its revenue growth feels too good for a 3x revenue valuation.
steevee84 wrote:
man Patience, I honestly admire your attitude about this stock. And it may be partially why I havnt completely lost my sh1t all together. But man, we have all been saying the same stuff for the past three years... Smart money accumulating, it's being held down, etc .. even u have must be starting to not believe that ??