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Old 06-27-2022, 12:08 PM
  #8  
sky303
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Joined APC: Feb 2019
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Originally Posted by tpgcirrus View Post
Seems narrow like a narrow minded way to look at it. Was overvalued as a SPAC by Wall Street and now that’s a wheels up problem.

Wall Street is heavily favoring profitability at the moment over growth potential due to the economic climate. But sure, you can look at a stock without any context associated to it and evaluate it all you want.
That’s nice and all but never forget what Charlie Munger said, “every time you hear ‘EBITDA’ substitute it with ‘bull******* earnings.’” If you can’t turn a profit or even come close to positive cash flow when customers are literally throwing money at you, no matter how aggressive a growth pattern you’re in, you’re not making a good impression for investors—in any economic environment.
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