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Re: jcseeker post# 1549

Wednesday, 12/09/2020 5:56:29 AM

Wednesday, December 09, 2020 5:56:29 AM

Post# of 1622
My personal opinion . No one knew about this stock Pre Covid.

It was an extremely illiquid stock with flat line Rev's and basically a break even or slightly losing money company in the 5 years prior.

Luvu got pumped up way beyond its value and marketed as a Covid PPE play among the internet community.

LUVU has lost its hype and by looking at the chart it has been left for dead.

The thing is, if you exclude the PPE now LUVU business is actually growing at record numbers and their products are in the perfect market to take advantage of the shift from working in the office to working in the home.

But traders don't find that aspect "sexy" pun intended

With covid cases rising i could see this pop to 30 cents if they get another government contract. although it would have no material long term implications for the company
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