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$SoundHound AI (SOUN.US)$ I found a diamond in the rough not...
$SoundHound AI (SOUN.US)$ I found a diamond in the rough not SoundHound. what would you say if I were to tell you that $2 million worth of buys would send this stock up 500%.
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37+ yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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Evan Johnson : What is it??
10baggerbamm OP : the company has over 200 million cash in the bank it just turned its first profit so it has a PE for the quarter. they've completed their Nationwide distribution channel in the United States this past year. there are global company with distribution throughout Asia as well. it's been almost $20 now trading at a couple of bucks it just gradually declined due to lack of interest it didn't fall off a cliff. the company issued a statement recently because we believe the stock is so significantly undervalued we are going to buy back in the open market over 25 million worth of our stock. as far as revenues they're almost doing 40 million right now. 200 million mkt cap.
10baggerbamm OP : if I get a couple hundred people that are interested I think if we all position ourselves in this company and then the message and the word gets out to the people that read it for example on Wall Street bets we're going to be ringing the cash register because the stock will go absolutely parabolic
70648081 : You gotta keep everyone else from selling though
10baggerbamm OP : I forgot to mention their yearly revenue is almost 120 million so I was just telling you about one single quarter in the first message.
10baggerbamm OP : oh and also a major sports group just got involved with the company this is a group that you would see on TV every Sunday or Saturday 4 to 5 months out of the year
Northsea9 : Companies supported by Nvidia have some deep Chinese investment backgrounds. Funding is not an issue; performance is average; behind it is a state-owned enterprise government!
10baggerbamm OP : I've been in the market for almost four decades right now and periodically I find cash rich companies that have fallen out of favor. so that you know I was in SoundHound May last year I made a lot of money writing it up to over $5 I had the warrants at a quarter sold them at $3. over 200,000 warrants we owned and we had over a million in the common stock.
10baggerbamm OP : I can't do this on my own because this is going to require an inflow of capital in a very short period of time frame and I don't have what Wall Street bets has which is hundreds and hundreds of people at one time that can all jump on the bandwagon create the volume Spike so that it appears on all the algorithms where people see a 5000% increase in volume in a stock and everybody buys that movement it's called velocity of money everybody moves their money into it at the same time
10baggerbamm OP : so if we can get 100 people together and that's really what it needs that all can go in I truly believe will have a nice profit a very very nice profit. and so you understand I have not bought a single share because I cannot do this on my own if I buy it if I buy 20,000 shares on my own or 50,000 shares on my own it's not enough
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