Waitr Holdings Inc (WTRH)

[HokieHead]

WTRH should have some serious upside from here when compared to GHUB & APRN. Figures below are as of Friday’s close. Even though figures do not include the offering that hit Friday AM, sales growth, current percentage of short interest and P/S comparisons seem like WTRH has the best upside. Almost 55% of WTRH shares are shorted! Insane.

Comments welcome.

GHUB:
2019 Sales: $1.6b +13%
2018 Sales: $1.4b
PPS: $31.71
OS: 91.9m
Float: 91.5m
Short Int: 17.3m (19%)
Market Cap: $2.9b
P/S Ratio: 1.8

APRN:
2019 Sales: $454m -32%
2018 Sales: $668m
PPS: $10.15
OS: 8.2m
Float: 8.0m
Short Int: 3.1m (39%)
Market Cap: $83.2m
P/S Ratio: 0.2

WTRH:
2019 Sales: $192m +177%
2018 Sales: $69m
PPS: $1.22
OS: 76.6m
Float: 17.9m
Short Int: 9.9m (55%)
Market Cap: $93.5m
P/S Ratio: 0.5

Another positive for WTRH per last quarterly results:

We have made tremendous progress on these fronts so far in 2020, and I expect these initiatives will result in the Company achieving positive cash flow, beginning in the first quarter of 2020.