Post by
PUNJABI on Jan 24, 2022 10:46am
This stock is a case study for me.
I had identified major flaws in the business model of this company and red flags in their current approach of buying expensive money-losing companies, not properly consolidating and controlling expenses. Very reckless and aggressive approach as money grows on trees. I think they have dug a big hole. I want to see if they can get out of it.
I do cases studies, to see if my concerns and analysis about companies are correct. I will follow the companies till their very end. It is a learning process for me that helps me to learn very valuable lessons and don't get trapped in the hype and the spin of the executives of the companies.
Learn to find the red flags in your investments be very objective.
We are in a correction. During corrections, the preservation of capital is the most important thing.
Comment by
rghalifax on Jan 24, 2022 2:23pm
The float is much smaller now,a good quarterly report with increased revenue and market share could propell it upwards quickly,just as it has dropped...quickly...let's see how holiday sales went...we'll know soon
Comment by
gossamer5 on Jan 25, 2022 12:10am
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