Wednesday, June 24, 2020 6:09:28 PM
This was on the Benzinga Pro news feed today. I don't understand why FSLY is skyrocketing when this company is profitable which FSLY is not and is set to grow 100% year over year (2020 earnings vs 2021 earnings) based on 7-8 analysts published on Yahoo finance as of this writing. Yet LLNW has only 1/10th the market cap of FSLY. Look at the fundamentals between both companies and you will see a lot of similarities and they are direct competitors in this space. Once Main Street and the Robinhood traders find out about this stock it will probably skyrocket like FSLY. If you look at their list of customers like Amazon it's maybe a much better play in the same industry as FSTY. The kicker or tailwind is when Amazon adds 24/7 live streaming cable TV channels to Amazon Prime Video. This will cause estimates and positive earnings (which FSTY doesn't have) to rise dramatically IMHO. Also hoping it starts to show up on institutional radars as well now that it trades over $6 a share. Have a great day and good luck with your trading!
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