Post by
SamRothstein on Mar 24, 2021 3:58pm
comparison to other stocks in space.
I think we are actually holding up quite nicely compared to other stocks in the sector. Like most people on this board I'm still in the green on my TRIP stock, although I am now in the red on my warrants. When I look at any of the other stocks in this sector, if i didn't own any of them or any TRIP, and I was starting a brand new position today, I would still buy TRIP above any of them, with my second choice being BUZZ. Although I would buy the warrants instead of the shares, because you get 2.5 times the leverage, and they offer more downside protection than the shares if there is a major market (or TRIP specific) correction. They are currently at $0.125, which is all time low for those, and because they don't expire until July 2024 they can't drop much lower due to the time value. I am way more confident in TRIP's future than vast majority of stocks in this space.
Comment by
thcalternative1 on Mar 24, 2021 4:01pm
Thanks Sam this info is helpfull.....market makers walking the stock down until next run up. Do not know what catalyst will start the next leg up
Comment by
SamRothstein on Mar 25, 2021 9:44am
Yeah lots of support at $.30 which is the bottom of this trading range. Several of the companies in this sector have pulled back more than 50%, and we have the best revenue, burn rate and one of the best cash positions in sector. I also think we have the best prospects especially in the next 12-24 months.
Comment by
traderjade on Mar 24, 2021 7:26pm
Yup Sam, it's nice to be in at .09. I told myself I would buy more if it hit .25. The evaluation is not inflated at all. Good steady honest growth here. Imho