Breakout Alert, page-162

thats why I use the financials to be able to see the health of a company. My thoughts are everyone who is investing should at the very least be able to read a profit and loss statement and a balance sheet. If you can't read those then it's a massive gamble people are taking.

for example ESH had next to no revenue in 2018 and less than 50k for the first 3qtrs this year yet they were spending large sums of money to build a platform which they said would gain them access to thousands of users and also through partnerships.

None of this has hit enough ground to be generating any kind of money which is why my posts say this is a massive gamble at best and I would only consider it as speculative once income gets to 50% of expenses.

That's why I'm not in this stock. There are a few that I'm in that are much further down the track of being close to profitable than ESH is. The only reason ESH are still here today is that people are still willing to fund CRs for the company. For how much longer will CRs be willing to be funded I do not know if ESH income does not improve massively.