- This is a high-risk stock that isn’t for the faint-hearted, and the share price has sunk to new lows.
- However, the company’s data driven asset light business model is very intriguing and potentially very profitable.
- There are some data points that show it might be working as the company boasts industry high GPUs and management argues there is room for further improvement in H2.
- Cash bleed is significant and remains a big risk. If the promised H2 improvements arrive, the situation could improve pretty dramatically, but if not, the company is in considerable trouble.
RumbleON’s Binary Experiment
September 11th, 2019 · No Comments