Part of the fun of investing is accepting a bit of risk for outsized rewards. SOUN fits the bill. Through 2 acquisitions in the the last couple of months they are predicting annual revenues north of $150 million. While not profitable they are in the hot space of AI software and have a plethora of customers across a number of industries. By rolling up smaller companies that already have revenues and customers they can establish their beachhead and start building their moats. They are by no means cheap and a value play but what they are is a potential meme stock that can 2x or 3x on the momentum. Going to take a flyer and see where this goes over the next couple weeks.
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So we know now that earnings were off a bit but that guidance of 150m in 2025 is real as stated on the conf call. this am Cantor Fitzgerald came out with an upgrade. I'm inclined to stand pat for now and despite the psychotic action this morning. May DCA into this if it drops further....I like that there are a large amount of shorts in this as any good news can spike it up. I also like that there is limited down side. Good luck All.
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nice bullish action this am. feeling more confident that short shares will propel this stock forward over the next couple of weeks. expect it to test the highs of earlier this year.
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