Deep Value play here for sure, happy to see some bullish msm coverage for youdao. I’m going longgg with this one, I have a feeling profit from 8/19 $17.50 & $20 Calls could = annual income
$Youdao(DAO.US$ this will be a “helping hand” to GameStop family. You could compare this stock to the chart movement of cryptocurrency… if you are bullish on crypto, buy call options. This chat will move by itself.
“The company is therefore projected to breakeven just over a year from today. How fast will the company have to grow each year in order to reach the breakeven point by 2023? Working backwards from analyst estimates, it turns out that they expect the company to grow 86% year-on-year, on average, which is rather optimistic! If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict.” (Yahoo Fiancé)
“The company is therefore projected to breakeven just over a year from today. How fast will the company have to grow each year in order to reach the breakeven point by 2023? Working backwards from analyst estimates, it turns out that they expect the company to grow 86% year-on-year, on average, which is rather optimistic! If this rate turns out to be too aggressive, the company may become profitable much later than analysts predict.” (Yahoo Fiancé)
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