I heard a stock picker being interviewed on Bloomb
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Posted On: 12/24/2019 1:18:48 PM
I heard a stock picker being interviewed on Bloomberg Radio today. His top pick for the year was Uber! His reason was that even though the company had been losing money for quarters, he expected them to have a breakeven or a little better, quarter by mid or late 2020. His second pick was the same situation -- big money losing company that had a chance to turn the corner on losing quarters.
All this reminded me of SFOR of course. Been losing money but is expected to get into the black in mid 2020. But here are the big differences -- Uber's share price ALREADY reflects a lot of optimism and the profitability projections are not that dramatic. SFOR in contrast has a very, very low market cap. and its potential profit turnaround is dramatic.
So, I bot more today.
Happy Holidays,
Erie
All this reminded me of SFOR of course. Been losing money but is expected to get into the black in mid 2020. But here are the big differences -- Uber's share price ALREADY reflects a lot of optimism and the profitability projections are not that dramatic. SFOR in contrast has a very, very low market cap. and its potential profit turnaround is dramatic.
So, I bot more today.
Happy Holidays,
Erie
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