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Strategies & Market Trends : The Art of Investing
PICK 49.91+1.0%Dec 19 4:00 PM EST

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towerdog
To: Sun Tzu who wrote (5062)8/11/2022 4:05:23 PM
From: Lee Lichterman III1 Recommendation  Read Replies (2) of 10704
 
I'm asking seriously, not trying to start anything but seriously, why do you believe BFLY and NEO are serious investments and not b-scale message board short squeeze trades of crud stocks?
I just looked at both of them and both are projected to lose 3 times as much money as they did this year. I forgot which one but one has a PEG ratio in the 20s. Price/book is stratospheric on both.
What keeps GE, MDT or some other big medical equipment company from duplicating BFLY's system and running them into the ground like ABT, MDT are starting to do to DXCM? Ditto with a big pharma to NEO?
I've played these sectors for decades and like I mentioned yesterday or day before on another board, I had a successful one but it had positive cash flow and real earnings yet it languished for years while JNJ kept them in litigation trying to muscle in. It took forever before it finally broke out and the only thing that saved them was they were making tons of money. These two are hemorrhaging money.
I only see meme status short squeezing. From my quick look, their FA looks horrendous. No wonder one of them has a 13% short interest and the other I saw I think was 6%.
What am I and all the shorts missing??
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