They don't meet his criteria because they make no profits yet. He needs to see at least three years of consistency. They feel like Shopify--strong topline growth. He doesn't know much of what they do. They've come off a lot from their highs. This is a speculative play but for five years. He keeps his eye on it. It could become a success.
They don't meet his criteria because they make no profits yet. He needs to see at least three years of consistency. They feel like Shopify--strong topline growth. He doesn't know much of what they do. They've come off a lot from their highs. This is a speculative play but for five years. He keeps his eye on it. It could become a success.
Careful with analysts price targets when a stock is soaring up and up, like LSPD. The valuation is rich with all money-losing tech companies, like Uber. LSPD is likely doing better, but has a very high valuation. This will be very volatile--careful. This is a solid company, but too expensive for him.
Careful with analysts price targets when a stock is soaring up and up, like LSPD. The valuation is rich with all money-losing tech companies, like Uber. LSPD is likely doing better, but has a very high valuation. This will be very volatile--careful. This is a solid company, but too expensive for him.
He bought the IPO and held it to $30. Loves the managers and the story idea. It now trades at a big multiple, too big for him. It's a great Canadian story. They will do well. On the same trajectory as Shopify.
He bought the IPO and held it to $30. Loves the managers and the story idea. It now trades at a big multiple, too big for him. It's a great Canadian story. They will do well. On the same trajectory as Shopify.