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Friday, 02/04/2022 11:53:37 AM

Friday, February 04, 2022 11:53:37 AM

Post# of 55135
Some REAL perspective from the news today on earnings, etc.

SNAP just posted it's FIRST QUARTERLY profit EVER! Looking at the projections for 2022 they estimate SNAP will LOSE $.31 per share. Their P/E Ratio -80.16 and a NET LOSS of $508 MILLION. How do you think their EARLY shareholders feel? Look at those charts!

Let's compare BTDG...

Has not had a quarterly profit AS OF YET. Only a $5 Million loss and the estimated loss per share WITH THE OLD FINANCIAL NUMBERS AND THE CURRENT OS of 1.6 Billion is ONLY $.0031 per share. I am confident that this will be MORE FAVORABLE with the updated Financials for the year when they come out. Is that not ironic... (.31 loss compared to .0031).

How did SNAP pay for their losses for ALL THESES YEARS? Yep, Dilution!

In my opinion it does not really matter how much dilution a company has to do. It only matters if it is going to a good use that will eventually pay for itself in profits in the future.

Can you imagine 20 gyms operating... at least 2 venues going on in different cities on the same weekend... maybe 3 or 4? Can you imagine how high sponsorship and ad revenues can be?

Just thought I would throw out a little perspective for you all to chew on over the weekend.

You all have a good weekend now.

SM