TSX:BBTV.DB - Post by User
Comment by
optimalmarketon Jul 19, 2021 4:42am
127 Views
Post# 33567903
RE:Re: Intrinsic value $15 next stop $10
RE:Re: Intrinsic value $15 next stop $10Fully agree with you, the fact that Facebook just declared that they will be investing $1B in incentives for creators shows you how big of a deal the creator economy is which is what the CEO of BBTV and others are pounding the table about. The truth is that FB is way behind Google/YouTube in this area and playing catch up. BBTV is the largest company in YouTube's partner program and is growing quickly in lockstep with YouTube.
Yes, the stock did break support last week from the $8 range and is well below IPO price but if you think their thousands of creator relationships, their tech, all the vectors of monetization they have set up in their Plus solutions are all for not, you're probably not paying attention and should be looking at this for what it is, a very good buying opportunity. This company is trading well below its comps and that will not last.
We've seen on this thread, brand new accounts that do nothing but bash and it seems we have a new one with "misterwurst", shameless and (rather unintelligent) bashing - the question you have to ask yourself is why all the hard bashing? probably because of a short position or a personal axe to grind.
In any event, it won't matter. This is a company that keeps meeting and beating 8 analysts' expectations and delivering on growth. Its stock is out of favour right now because it is being shorted and has poor trends (notwithstanding strong fundamentals) but that will turn around if the company continues to improve its metrics. As Bezos has said before, "the stock is not the company and the company is not the stock", don't forget Amazon stock went from $113 down to $6 before it picked up again.
GLTA everyone.