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Honolulu Trader

07/14/20 11:35 PM

#34958 RE: Honolulu Trader #34957

Dorothy & Toto Wave Their Magic Wands

In The land Of Oz where MVNT core earnings come from and say things is wonderful because the equipment is agnostic. Which means that they can just run out and steal business away from companies that are desperately trying to keep what clients that have left. To bad in the real world things just don't play out that way. Real DD is needed but you will never find it in Oz. In Oz the only thing that matters is every tick of the daily PPS and scream $1 is coming. duh
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GLee17

07/15/20 12:12 AM

#34959 RE: Honolulu Trader #34957

How do you know what dd i have or have not done. Maybe I called a friend in Houston and had him drive by and do some background checks. I also don't watch every tick. Busy at work and only watch every other.
You sound like the all knowing Oz.

I also did not say it was easy to get new customers. I said, you have to know people just to get your foot in the door in oil and gas. Don't tell me about businesses and how this has affected them. I have hotel clients, theatre chain clients that have been hurt bad and see their financials monthly. Have others that have increased business during this time and others just maintaining. Its not a one type fits all, even within an industry.

You have to admit this will be a fun play if even they can perform on half the initial projections. Its been too long to get out now at these levels, accumulating over the last year and going to see one way or the other
very soon
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Reconnoiter

07/15/20 6:53 AM

#34963 RE: Honolulu Trader #34957

Even if their business has been affected, the point is, the company is still severely undervalued at these prices.
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SooS416

07/15/20 7:29 AM

#34964 RE: Honolulu Trader #34957

Share which companies you are referring, instead of making vague statements provide actual DD for others to see for themselves.

Because you know that those companies that are in trouble are all still valued pretty high compared to their revenues even during a rough patch meaning that MVNT too is really undervalued as it is valued at less than 1x revenue and perhaps as low as .25x

But who cares about pesky details like that instead of vague generalizations without any specific details

Land of OZ indeed