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SOUN up or down today

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  • 152339762 MarketMunch OP : market always go to the opposite side you want

  • MarketMunch OP 152339762 : Good point

  • 152339762 MarketMunch OP : if it drop down i will buy it at 6.5,6and below,

  • MarketMunch OP 152339762 : This stock has been really volatile

  • 10baggerbamm : here's the problem. not to rehash but I'm going to.
    last year the CEO said that the company would be profitable this year.. she one of this year the company said they would be profitable thank you for this year. that means they would actually have a price to earnings multiple because they would have actual earnings per share.
    the second quarter of this year the company said we are not going to be profitable this year it won't be till the back half of 2025.
    well what don't you see in this report there's no mention that the company is going to be profitable next year either they're already abandoning it.
    they gave a projection for revenues doubling with a fairly big spread between the low and the high bar but what they don't say is we will be profitable. I did not listen to the conference call I don't know if any analysts actually asked when do you predict profitability but in the news that's highlighted it's removed from context

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