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10baggerbamm :
well this is a valid point and it goes back to last year you can spend the time and see for yourself or you can take my word no less than 18 times the CEO came on was quoted saying our goal is to be 4th quarter positive cash flow fourth quarter positive cash flow it goes all the way back to January of last year why they laid off half of the workforce because they wanted to cut their salaries that they were paying to employees in hopes that this reduction of salaries will drive ultimately profits in the fourth quarter so they would earn a penny a share. fourth quarter earnings they sucked their revenues were less than expected their losses were greater and they didn't generate a profit and they're now saying it won't be till maybe the second half of 2025 before they become cash flow positive meaning they're burning money hand over fist and they still got that shelf offering which is going to be a Whopper a doozy probably upwards of 500 million dollars which will be extremely deluded to shareholders pushing the price that much lower
A4quattro10baggerbamm:
Good morning, you seem to be well informed on what’s going on at SoundHound. Have you looked at airship AI, symbol AISP? What do you think of that one?
10baggerbammA4quattro:
I've seen the ticker cross the screen I just glanced at it obviously a company that's making profits making money is something that should be looked at the only flag that I bring up for me which doesn't mean it's good or bad but just a concern for me 12 million in revenues is peanuts I owned a small company it did a little over 30 million dollars a year and I sure was not valued at 95 million dollars so there's room in portfolios for speculative companies I have taken a small position in kndi recently they just turned the corner they are now profitable so profits are what I am interested in and companies that have turned the corner warrant a higher price and will garnish a lot more attention than companies whose losses are growing. so this weekend when I have some time I will take a serious look at it I'll go back I'll read all the SEC filings and I'll give you an honest opinion and maybe something I'm interested in putting my toe in the water in
10baggerbamm : well this is a valid point and it goes back to last year you can spend the time and see for yourself or you can take my word no less than 18 times the CEO came on was quoted saying our goal is to be 4th quarter positive cash flow fourth quarter positive cash flow it goes all the way back to January of last year why they laid off half of the workforce because they wanted to cut their salaries that they were paying to employees in hopes that this reduction of salaries will drive ultimately profits in the fourth quarter so they would earn a penny a share. fourth quarter earnings they sucked their revenues were less than expected their losses were greater and they didn't generate a profit and they're now saying it won't be till maybe the second half of 2025 before they become cash flow positive meaning they're burning money hand over fist and they still got that shelf offering which is going to be a Whopper a doozy probably upwards of 500 million dollars which will be extremely deluded to shareholders pushing the price that much lower
A4quattro 10baggerbamm: Good morning, you seem to be well informed on what’s going on at SoundHound. Have you looked at airship AI, symbol AISP? What do you think of that one?
Osvaldo Toledo : their was a lot of investing so it takes a while to see profit that's what I can see u don't understand lol
Evan JohnsonOP Osvaldo Toledo: Keep dropping $ in this highly volatile stock with zero looks of uptrend for good, and see how it works out
AUgainer42069 : Read some book brother, learn CANSLIM will help you a lot
Evan JohnsonOP AUgainer42069: I know CANSLIM, this company has no reason to be above $4.
10baggerbamm A4quattro: I've seen the ticker cross the screen I just glanced at it obviously a company that's making profits making money is something that should be looked at the only flag that I bring up for me which doesn't mean it's good or bad but just a concern for me 12 million in revenues is peanuts I owned a small company it did a little over 30 million dollars a year and I sure was not valued at 95 million dollars so there's room in portfolios for speculative companies I have taken a small position in kndi recently they just turned the corner they are now profitable so profits are what I am interested in and companies that have turned the corner warrant a higher price and will garnish a lot more attention than companies whose losses are growing. so this weekend when I have some time I will take a serious look at it I'll go back I'll read all the SEC filings and I'll give you an honest opinion and maybe something I'm interested in putting my toe in the water in
A4quattro : Thanks so much for your response. Will look forward to hearing from you. Have a good weekend!