Q: Good day ,
I realize this name has been asked about numerous times including myself and most likely feel like I’m beating a dead horse here.. but this is the reason we as retail investors look to to your service for help .. no beating around the bush here as we know it’s a “hold “ for now .. are u confident in 2 -3 years time we investors who have “held “ this name will be rewarded for holding or averaging down as we are investing in this company and not trading this name .. are u confident in the management and the business model here for a long term story ?
Thank u
Mark
I realize this name has been asked about numerous times including myself and most likely feel like I’m beating a dead horse here.. but this is the reason we as retail investors look to to your service for help .. no beating around the bush here as we know it’s a “hold “ for now .. are u confident in 2 -3 years time we investors who have “held “ this name will be rewarded for holding or averaging down as we are investing in this company and not trading this name .. are u confident in the management and the business model here for a long term story ?
Thank u
Mark
5i Research Answer:
It is a yes/no answer. Do we think the stock will be higher in three years? Yes. We have a fairly high degree of confidence in that, considering the extremely low current valuation. But, based on weak execution and momentum, it is still not a stock we would be highly confident in averaging down on. We know these are competing comments, but in a negative momentum scenario, with a small cap stock, in a potential recessionary scenario, the risk of owning 'more' is still higher than 'holding'.