SYT General 3 - New Thread., page-3

  1. 306 Posts.
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    I've topped up at 0.029 and have an order top of the queue at 0.028 - if it doesn't get filled it isn't all bad news. I've averaged down to 0.033.

    I'm still cautious about growth short to medium term. Remember the whole FOMO mantra about a year ago? Ended up no one missed out on much at all. The cards are closely held and are no way on the table. The stock is getting a little boring actually.

    Not trying to downramp but just because a technology exists doesn't mean its going to be instantly profitable. You need to be at the right place at the right time. For example, Apple - much of the "technology" used in its products has existed for decades and was NOT invented by Steve Jobs et al; he was just in the right place at the right time and managed to package it up and market it.

    I guess SYT has covered that a bit with patented whitelabel offerings. OTT might be the next best thing but it's quite diverse and I probably wouldn't say SYT is a market leader in the grand landscape of OTT - hopefully the business model remains financially viable.

    Verizon revenue (especially from NFL) is unlikely to be a complete picture in this quarterly. Let's just hope they aren't on one of those free trials!
 
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