You're wasting your time explaining it to that poster. They are...

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Deegan107

42 Posts.

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16/09/21

14:13

Post #: 56118870
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Originally posted by oligarch: ↑

you cant read a financial report of a growth co. like PBH and use the same basis of valuation as you would from a WOW.

PBH are building a brand and business from scratch, and any normal person understands and accepts this takes a lot of investment dollars, or else, we would all be starting oour own businesses and it would be easy and we would all get rich.

the growth % in clients and receipts are more important stats right now than the bottom line.

Draft Kings , a US25bn heavyweight in this market in a recent quarterly stated they didnt expect to be cash flow + until 2022/23 .

so im guessing based on your method of analysis they are a sell too ??

you are in the wrong sector if you purely and only look at a financial report.

on another note,
selling of late imo could be Penn. they did have their shares , at their request, released from escrow and my guess is perhaps they want to cash in to help fund their own growth and investment costs in the betting market.

thats not a bad thing, as im confident when this market enters the consolidation phase, PBH will be purchased for well north of $10

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You're wasting your time explaining it to that poster. They are straight up trolling and they will not give you any kind of reasoning as to why they think the price will drop to $6. FYI if it does drop that low, we will have over 40% of the 1.6B market cap in cash

PBH Price at posting: $9.38 Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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