RE:LodgeLink Traction and Scale - 2021 BDI along with two others, CEU and TWM are some of the most unique stocks I hold.
1. I can't figure out why there is so little movement both from a daily trading volume and sp perspective.
2. All of these stocks on low trading volume days ...and I mean low ....have wild fluctuations in the sp with multiple individual trades at between 100 and 400 shares. Complete manipulation!!!
3. All 3 are being followed by analysts whose forecasts suggest these stocks are incredibly undervalued. BDI has been recently covered by BMO, Canaccord and Raymond James with an average target price north of $7.00.
Any ideas on why BDI finds itself in this environment???
Hopped wrote: BDI's core and now diversified businesses are doing great right now (BOXX, Britco, MPA, etc) but Lodge Link is essentially BDIs own tech startup which now has significant traction and keeps growing and scaling rapidly. BDI is trading at a discount right now I think. LodgeLink is generating significant revenues and eventually the profit margins on that revenue should grow. It may become a very attractive acquisition target and probably already is.
https://www.lodgelink.com/lodgelink-library/2021-year-in-review/