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Tuesday, May 19, 2020 10:14:51 PM
You're right in that expecting profitability this early is probably not going to happen, and would require lightning in a bottle. I know it was talked about last year and then withdrawn
I like the direction. Financials may not look great this quarter, or next, or the one after that. But if they keep adding stores and sales and customers, the value is in the brand...this is not a blue-chip dividend investment. It's a shot on a company that might just be on to something huge, and they're going to lose money until they start making money (if it works).
What happens if they get into Walmart? Kroger? Albertsons?
Do you think it's not possible?
Plenty of companies have significant value long before they reach profitability. Not sure why that's such a concern. If they can figure out how to grow fast, even if it means losing $ because they're building something bigger, that's what I'd want to see.
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