TSX:BBTV.DB - Post by User
Comment by
misterwurston Aug 23, 2021 11:17am
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Post# 33748328
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BBTV has tonnes of upside from here, says Scotia Capital
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:BBTV has tonnes of upside from here, says Scotia CapitalI've made a specific argument. The share price will tell us who is correct or now. At the moment mostly every investor in this stock has lost money. Especially the investors who particupated in the IPO who are looking at a 60% loss in under a year.
I believe that this company has no long term future. When I consider what they actually do to earn money it's clear that the uniqueness and value is simply not there to make a compelling investment thesis. You can argue they are in a growing space; that is true. And a rising tide will cause all the ships to rise as well. But I don't see much staying power in their earnings long term and investors with significant capital to invest woud likely make the same conclusion.
This is why the share price is lagging. The management managed to get some investors on board for the IPO. It was a successful dog and pony show; but that momentum has run its coarse and reality will now kick in