$SoundHound AI (SOUN.US)$ Anyone care to wonder why Nvidia m...

egan1 : they probably did... they invested years ago they're just sitting on fat losses

10baggerbamm : well I have to disagree with you there over the years there's been many a small caps that do Post profits that do grow organically and command a fair valuation not an absurd valuation like 40 times revenue but they gradually grow through profits through market share through product development. SoundHound dropped the ball with their fourth quarter report and now you're seeing people leave the short report so everybody knows this is done throughout the industry it sucks to be on the wrong side of it typically a short attack accuses financial or regularities as the primary reason for selling a stock short. and this is done to some of the biggest billionaires that run publicly traded companies like Carl icon for example short attack reports have come out accusing him of cooking his books. so it happens but at the end of the day would you rather own Nvidia trading at a price to earnings of 30 or SoundHound with a price to revenue of 40 times that's the question that you have to ask yourself as an investor not a trader if you have $100,000 to invest in one company would you hold SoundHound or would you hold Nvidia

A4quattro : This stock is not a penny stock. In fact it’s far from it. They have a real future just not today. Technology takes a while to develop. Just wait till the next earnings report.

10baggerbamm A4quattro: you're absolutely correct it is a real company it is an industry that is in its infancy think of standing in the end zone looking at the other end zone we're on the 1 yard line right now the winners have not yet been determined and the people that may be leading can easily be displaced you always need to remember that. the problem with SoundHound and I've been in and out of this company so many times think a John to a prostitute like that's how many times I've been in and out of this stock.. I have profits I left in it on every trade so I have a vested interest but I'm playing with The house's chips at this point also. the number one problem with SoundHound is dilution. they started at under 120 million shares they're over 270 million shares with their preferred that's convertible it'll put them at 350 with a shelf offering and I believe this is coming this year I think it's going to be massive 400 to 500 million dollars you're talking right around 400 million to 450 million shares in the float.. that's absolutely massive that's highly deluded to shareholders that's also why you didn't see this stock at 30 or 40 or $50 because if they had 30 or 50 million shares in the float or even 90 million shares in the float it would have gone off the charts but because of the liquidity that exists because there's so many shares there's so much overhang there's so much turnover to get it moving that's the biggest problem.. they've deluded shareholders now by 150% in 12 months and it's only going to get worse.

10baggerbamm : the next problem is insiders are only selling and believe me I've heard this ad nauseam over 35 plus years of doing this oh it's for tax reasons oh they're buying another house they're buying a yacht they've invested in the company for 5 years 10 years 12 years whatever it is and now they're taking a paycheck I've heard every excuse under the Sun let me tell you it looks really bad it looks really bad to every analyst that they're cashing out that the percentage of their equity is diminishing yet they keep voting to give themselves more and more and more shares for free they are restricted they're not free training but after 12 months they become free so they have basically a Federal reserve printing press and they keep issuing themselves more free stock.. they want you the common shareholder to buy and hold and believe in them while they ring the cash register and become rich beyond your wildest dreams. so that's the second key problem

10baggerbamm : the next problem is their inability to execute and fulfill their true voice order entry system in a reasonable period of time frame. they are 5 years before White Castle will be completed that is asinine the company has already contracted they've won it it's not a test they have that entire company locked up ironclad it's all corporate on no franchises they started in June of last year and their goal according to the conference call is by the end of this year calendar to have 100 completed.. that's horrible and if you listen to the CEO of his quote was we're still trying to figure this out.. well they're figuring it out companies that use chat are installing similar solutions in restaurants worldwide and every time chat evolves to the next gen it's a software download to increase the accuracy increase the understanding of what words mean.. so that's the next problem with SoundHound