Savvy Trades and Investments

[stanley01]

HYRE and DCAR running hard into LYFT IPO

Both of these have been running big and I think the party will continue at least through close of business on Thursday. HYRE reports earnings after the bell this Thursday , with huge revenue growth and gross profit improvement expected - CEO recently mentioned planned operating profit by mid 2019. They only have 11.9 million shares outstanding.

Another Momo playing that has been rocking with a way tiny share count is DCAR — I think they only have around 1.5 million shares outstanding. Also should be reporting earnings by end of the week. Both stocks have pretty good balance sheets, albeit it losing money.