How many memes can you fit into a single stock?
Wait....changed name to capitalize on AI, check; changed accounting period check; decline in sales, check.
Buckle Up!!! were going for a meme ride! ;-) Your note is still so well written I'm almost convinced! ;-)
On the other hand, the fact that I, personally, am not tempted to buy means that it's going to five-bag in the next year.
You're welcome!
I love your write ups, but in this case I think your first instinct (ignoring your student) was correct.
The last few years AIOTs stock based compensation have gone up steeply while EPS have dropped further in the red.
The stock is solid in the red on insider transactions, and the SG&A costs seems extreme for a company claiming to be SaaS business.
I don't want come across as a d[ck but I for me it seems the company is run more for the benefit of management than shareholders.
(I also think the anemic R&D is strange given their AI aspirations)
Wait....changed name to capitalize on AI, check; changed accounting period check; decline in sales, check.
Buckle Up!!! were going for a meme ride! ;-) Your note is still so well written I'm almost convinced! ;-)
On the other hand, the fact that I, personally, am not tempted to buy means that it's going to five-bag in the next year.
You're welcome!
I love your write ups, but in this case I think your first instinct (ignoring your student) was correct.
The last few years AIOTs stock based compensation have gone up steeply while EPS have dropped further in the red.
The stock is solid in the red on insider transactions, and the SG&A costs seems extreme for a company claiming to be SaaS business.
I don't want come across as a d[ck but I for me it seems the company is run more for the benefit of management than shareholders.
(I also think the anemic R&D is strange given their AI aspirations)