OLB Group Inc (OLB)

[conix]

Found this on Seeking Alpha on OLB in the comment section
of an article on Shopify.

COMMENT


There is no denying that SHOP has done well in both their business and stock price. But SHOP is not Tesla, where you ignore the overvaluation and project extraordinary growth --forever. Looking at other e-commerce merchant services providers that suffer from UNDER valuations may be a lonelier position (Everyone loves SHOP. Everyone owns SHOP. SHOP will destroy all the competition),

But if you are looking for undervalued play in this sector that will be in catch up mode, consider LSPD (has done very well recently), OLB (underknown and trading at less than 3 times revenue vs SHOP's over 30 times revenue) etc.

Check the prices of SHOP, OLB and LSPD and let's compare the returns when the Fourth Quarter is announced. I suspect that SHOP will NOT be Number 1 in appreciation--not because their quarter was weak. But because the current valuation just cannot be supported.

JMO

Nov 29, 2020. 08:47 AMLink

Shopify: Great Business, Overvalued Stock - Mott Capital Management