Member since 2023
Views
126 Total number of views
Fair Values Set
3 Total number of fair values set
Comments
2 Total number of comments
Followers
0 Total number of followers

No bio added yet

No link added
SMSI logo
SMSI·SMSI Market Outlook
I was enamoured with SMSI when I bought in mid September and saw it climb and sold making 100%. Stupidly, FOMO kicked in and I rebought to lose nearly half my gains. If you sat and listened to the (yawn) annual update you would have realised that all the growth is expected to come from SafePath Family App in a well catered for market with only 2 thirds of customers able to use theirs and even if they owned 100% of max possible share it would not deliver half the growth they promised at 80% margin. Look on Apple / Google Stores and see less than 10k downloads have been made. It's an old and fusty company eeking out it's last breath until the CEO throws in the towel, just take a look on linkedin at the employees. Oh, and then the app glitched out on my S25Ultra so I sold the lot. If they don't go bust they could get thrown out of the NASDAQ <$1 and if not that, they might be lucky and get bought, so max 20% upside.
0
|
0