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$SoundHound AI (SOUN.US)$ READ IT! https://www.speechtechma...
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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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MonkeyGee : good call. but the source seems suspicious. anything official
10baggerbamm OP MonkeyGee : could you imagine all McDonald's has to do is confirm this do a beta test and SoundHound will Spike eight bucks nine bucks
JTTC19 : Nice. But the stock should continue ranging sideways. Don’t expect much.
10baggerbamm OP JTTC19 : I'm not disagreeing with you especially in this market with the lack of interest in AI anything however if McDonald's comes out and does a beta test in 20 stores the beta test is going to last 6 months to a year but just the news if and again if it were to happen would be an enormous game changer
MonkeyGee : I'm shaking just think about it. but right now, I'm waiting for more official sources. I just know there are so many fake news sources now.
10baggerbamm OP MonkeyGee : everything right now tech is just getting brutalized so you can't get excited about anything because the order books beyond current prices have limit orders to sell on any uptick.
10baggerbamm OP 10baggerbamm OP : the biggest concern about the validity of this article cuz I don't know who the author is or where they get their facts from if any is soundhound's greatest problem is fulfillment so how would they deal with installation in 2 years 3 years just the US market when they can't even handle White Castle their goal is to have a hundred by the end of this year and that's a year and a half in so that's what would have to be addressed and they've never touched on it they have the cash in the bank somehow they could scale it I guess by hiring other people to do installations I don't know but they don't have the ability themselves
10baggerbamm OP Stock_Drift : early last yr you had a company presto automation they're virtually zero bid at this point they were using chat based solutions for their drive-thru services they posted on their website their customers and out of nowhere is the golden arches appear under their list of clients the next day their stock went parabolic they got sued they had to remove it they made an apology but that's the effect of McDonald's on a small cap company a micro cap company
Stock_Drift 10baggerbamm OP : I’m impressed you even have time for me. Appreciate it.
MonkeyGee 10baggerbamm OP : I see a quick solution. a buyout by the bigboys. Either way, I think it's good. checked out financial SOUN barely have any debt. I'm not sure if its real, but they pay down their debt in the last 2 qtr. I'm in.
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