u/InterestOk6050

Alright guys. My buy rating at $4.3 has backfired. Sell is my new rating. The financial report this quarter confirmed that the growth story is over (at least for the next 2 quarters). My biggest concern about cash burn even showed worse this quarter. Take your money put it in other stocks. No more hope for this company.

Plus they don’t even bother to reply to my email about vandalism happening everywhere on instagram and tiktok. Fuck this company, they don’t show respect to investors. Run

It’s the best time to buy now. Price to book ratio is almost 1:1. This means you are buying at almost no risk except the market being unpredictable not the fundamental. The last time I posted to buy was $5 / share 1 year ago.

I still believe they possess a huge amount of data that worth more than the book value. The price is low enough that I don’t care about share dilution here, the more cash they can raise e.g $1B, the more chance they can just use the cash as investment and take 5% / year out to cover all cost. Book value is always $4.2.

So lock in, buy. $4.2 is your standing ground