RE:Newbie Investor Here...Nice to see you here, Hen. I've been watching this one since last June -- dipping my toes in for 300 shares during that time -- but haven't been talking about it since it's nearly impossible to buy.
Long term, I can imagine this being multiples of the current share price.
It's a very unique company. Industry leading IP, insanely small float and focus on high-margin recurring revenue should have shareholders smiling for years to come.
It's great to see SPOT gaining some recognition, too.
HenoftheWoods wrote: Hello everyone...
I spent the morning making you long term and patient holders a bit richer.
Boy is this stock hard to buy!!! Am in with 1400@29$ avg. Had to push the ask all the way to 30$ to initiate my position ##%$&%#. I don't feel this is expensive at all though, given the recent past financial performance and, more significantly, the future performance this stock has to offer. I really like the sector too. In this current market of (still) super high penny stock valuations, this one stands out as a gem.
Anyway, I got here by spying on my friend BCdude's holdings. We're in the SPOT rocket ship together (excuse the hyperbole).
Cheers!
Hen