InvestorsHub Logo
Followers 321
Posts 31842
Boards Moderated 22
Alias Born 12/30/2004

Re: bbotcs post# 40980

Friday, 11/10/2017 11:04:56 AM

Friday, November 10, 2017 11:04:56 AM

Post# of 112511
SQBG is a high risk stock because it may eventually have difficulties servicing it's high debt load if it's brand licensing revenues deteriorate .... a lot hinges on the Martha Stewart brand name.

At this point SQBG is like a long term stock option .... might expire worthless, but could also be a multi-bagger.

analyst commentary per flyonthewall -

Sequential Brands downgraded to Hold from Buy at Canaccord

Canaccord analyst Camilo Lyon downgraded Sequential Brands to Hold from Buy following weaker than expected Q3 results and its issuance of a soft outlook. The analyst said in light of decelerating business fundamentals, his concerns around the company's capital position has increased. As a result, the company must focus on growing its brands organically and improving its financial position. Lyon lowered his price target to $1.50 from $6 on Sequential Brands shares. :thefl

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.