SoundHound AI Inc (SOUN)

[Laster]

People. Look at the chart. Huge weakness still even with the drop today.
Hoping and praying for news is not a good investment strategy.
Stock will likely move to $4.50 or lower. Once it finds support I would be a buyer for the next pump.
For now, the sellers have taken control over the stock price.

[fwb]

Growth Investors: Industry Analysts Just Upgraded Their SoundHound AI, Inc. (NASDAQ:SOUN) Revenue Forecasts By 17%
[e-mail] (Simply Wall St)
Tue, Aug 20, 2024, 8:37 AM EDT

Celebrations may be in order for SoundHound AI, Inc. (NASDAQ:SOUN) shareholders, with the analysts delivering a significant upgrade to their statutory estimates for the company.
The revenue forecast for this year has experienced a facelift, with analysts now much more optimistic on its sales pipeline.

[Laster]

Looking to buy back at $4.25 by Friday.
Thank you shorts and traders.
This stock is easy to predict.
Dump every morning.
JMO

[Laster]

Lots of good looking tech stocks right now.
SOUN continues to look really weak.
Showing huge resistance at five dollars.
If it doesn’t break five dollars today, I strongly expect For it to move down to $4.50.
This will most definitely occur once it breaks $4.90 Support.
JMO

[Laster]

Trading very similar to May doesn’t bode well for stock price.
In May, it couldn’t hold $5 and dropped 20% to $4.00.
I think we might retest $4. That is where I am buying.
Too much selling to support current levels.
Just FYI.

INOD up 9% today
BBAI up 6.5% today.
AI up $0.17 today.

SOUN down AGAIN.

[bwrbad]

SOUN to 25
move institution holding above 50%, insiders repeat buying like last 2Q.
spray some some WD40 as well

[Laster]

Interesting trading going on around $5.
It looks weak to me and therefore I think it moves to $4.50 this week. However if this can break that $5.10 resistance with volume then there is a chance it can move past this $5 back to $5.50.

I am fairly certain it will not close Friday around $5. Either it will be around $4.50’or above $5.25. JMO. Roll the dice and good luck whichever trade you make.

[nsomniyak]

I’m not excited. Just not enthused if you really want us to check out a particular link on YouTube, post that damn link here.

[fwb]

Don't need to get excited
Get informed

doesn't post.

[nsomniyak]

please provide a link if you want us to get excited

[fwb]

Massive News for SoundHound AI Stock Investors | SOUN Stock Analysis FWIW
What's Going on With SoundHound AI Stock? | SOUN Stock Analysis

Find it on YOUTUBE

[skydog526]

There was no selling. MM's pinned this at $5 covering shorts. This will fly even based on the chart.

[skydog526]

PR any day you will miss out. JMO

[fwb]

Got It.... You are wasting your time in SOUN........Not moving fast enough
Good luck in those other stocks

[Laster]

I’m not referring to bad news.
But, people with large wallets are keeping this below $5 for a reason. We will be the last to know.
To many better plays out there to waste it here.
JMO.

[fwb]

If there is Bad news (not rumors on MB's) about a stock, I might sell and stay on the sidelines.
I like the NEWS so far about SOUN
So SOUN bouncing around 0.05 to 0.25 cent loss from time to time doesn't worry me.
I'm up on SOUN, so I will just hold
I did the same with PLTR and glad I did. I'm up big time with PLTR
Thanks

[Laster]

I dumped it 2 days ago when it traded horribly with a good market.
Weakness in a strong market day implies that the stock is moving much lower.
Most likely moving to $4.80 or $4.75. Might rebound at EOD when options are not an issues anymore.
It might recover some Monday (dead cat bounce) before making a finally dump to $4.50 or lower early next week.
Just a guess. I might be wrong. Usually am.
But the resistance at $5.00 cannot be ignored. Therefore, the stock has nowhere to go but down.
I’m not expecting any news to change the trend.
Good luck.

[fwb]

Why? so you will sell......
But If you are LONG TERM,
buy more or just hold
When the MM see it's not tanking they might up the PPS (a little) to get some people to take profit. by selling

[Laster]

But it’s clearly heading to $4.50.
Today will be 4th red day in a row.
Never ever a good sign when the market, and specifically tech stocks, are up and this stock is down.
Lots of selling and weakness here.
Why?

[Here Today]

Should be trading at $7.50 after latest company takeover.

[Here Today]

Manipulation at its best!

[mc73]

Big time!!! Great points, great post.

[bwrbad]

institution holding GOING up,, SHORT 76M+
Rev 56M, Q'ly growth 54%, Cash at hand 200M, Debt only 5M,
UNDERVALUED

[Laster]

This stock is awful. The market looks amazing along with NVDA and some well known AI plays.
And this stock sucks. Most people are talking about stock closing at $5 tomorrow due to options.
I don’t know but the selling pressure here is unreal. No chance for it to break $5.15.
They need to announce some major news otherwise back to $4.50 or lower.
JMO.

[Here Today]

Did Berkshire Hathaway Fund buy shares?

[mc73]

Revenue is universal. Once money starts hitting the books, this will start to fly...all imo

[uksausage]

They certainly need some US visibility of their product

Having Stelantis cars in Europe us it isn't getting the right visibility.

So McD or Taco Bell (who is behind their pilot?) is important. Hopefully Amelia help si n thsi regard.

May be the new Starbucks CEO will deploy SOUND AI technology - they need to be alerted way before order for food items as that is what holds up their drive thru's. an AI sensor detecting you license plate and “regular order” could have that double smoked bacon twisted roll ready for you.

[fwb]

If Micky D selects SOUN as their Drive thru Voice Recognition Choice,
Do you think SOUN will Break $10.00..... I Do.....
Maybe that is why SOUN ACQUIRED AMELIA, to Significantly Expand Its Scale and Reach In Conversational AI Across New Verticals and Hundreds of Enterprise Brands
If not Micky D, how about WENDY or any other Fast Food Company that has Drive thru ordering

[Laster]

Wow this stock trades awful. Too much selling and shorting. I like the company but not the trade. Lots of better opportunities. JMO.

[skydog526]

You draw a blue line good for you old man so this POS goes to $4.75 ok good

[Monksdream]

SOUN

[skydog526]

What you &#&#&#&#_? Dum... Booo?

[Laster]

Clearly not today. Unreal actually.
What a waste of a good day.

[mc73]

Once those revenues start hitting the books, this will fly. I'm in with what I can afford to jump in with. This could be a $20 stock in a few years

[Vettelover98]

But not before i took some profits. I’m in this long term! F*ck the daily ups and downs!

[Here Today]

Wondering when we see the break upwards towards the Cantor Fitz analysts overweight range…..

[Laster]

Huge resistance from $5.30 to $5.50.
But, it breaks $5.50 then it should move to $6 or higher.
JMO.

[starkd748]

Overbought on 4hr and daily chart down she goes

[Vettelover98]

Great movement today!

[fwb]

SoundHound acquires Amelia AI for $80M after it raised $189M+
SoundHound is paying $80 million in cash and equity for Amelia. It’s not clear what the latter’s valuation was prior to the deal, but according to PitchBook, Amelia had raised at least $189 million, including a $175 million investment in March 2023 from BuildGroup

[Monksdream]

Huh!

[fwb]

Cantor Fitzgerald Upgrades SoundHound AI to Overweight From Neutral
06:33:00 AM ET, 08/09/2024 - MT Newswires

06:33 AM EDT, 08/09/2024 (MT Newswires) -- SoundHound AI (SOUN) has an average outperform rating and a price target range of $5 to $9.50, according to analysts polled by Capital IQ.

[bwrbad]

loud&clearsound

got to have the real thing

[fwb]

SoundHound AI Reports 54% Growth and Record Q2 Revenue of $13.5 Million; Closes Quarter With Over $200 Million in Cash

[Here Today]

Wondering which “signing one of the largest pizza chains” for ordering service……

[TheFinalCD]

SOUN Earnings out

$SOUN (SoundHound AI) #earnings are out: pic.twitter.com/GcZ66sEtFE

— The Earnings Correspondent (@earnings_guy) August 8, 2024

[fwb]

Remember when this happen?:
McDonald’s Drive-Thru AI Voice Ordering Fails: Partnership with IBM Cancelled
NEXT UP SOUNDHOUND?...........If that happens we could go to $10.00 or MORE

[Here Today]

I want to see what tool-bag Cramer has to say tonight.

[Here Today]

With 74.23 million shares short , representing 25.93% of the float, I’m just getting my popcorn ready for a nice squeeze if they can somehow post an earnings beat tonight!!!!!

Let’s Fvcking GO!!!!!!

[Here Today]

Slapping the Call Action!!!