LSPD hold or sell

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LSPD is just about hitting where I bought it. If I sell part of it now still I make a bit of cash. Do you think this stock will recover from all the bad press or are they truly inflating their numbers thus they will never really recover? I did my homework on this one but so hard to know if companies aren’t being truthful…

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Asked on December 1, 2021 8:11 pm
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Easy trick for the Discord everyone if you want to easily sift through the conversations and instead see exactly what Mat or I say.

In the search bar, type in:(insert channel name) and from:DanKent#7820 or Mat Litalien#2319

So for example, if you want to see all my comments on Lightspeed but don't want everyone elses, you'd type this:

in: lightspeed-lspd from: DanKent#7820

Keep in mind, as you start to type this, it'll pre-fill most of it all in for you. This is a very easy way to filter through all the discussion in the channels if you'd like.

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Posted by Dan Kent
Answered on December 5, 2021 9:32 am
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Thank you Dan, I was feeling the same way then started doubting myself as well as the company! Appreciate your input as always.

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Posted by Beth Mercer
Answered on December 2, 2021 1:18 pm
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I've been mentioning on the Discord a few times, this is the fourth time I've witnessed this volatility from Lightspeed since I bought it in 2019. Altough this one is a little more amplified, it's not like this is out of the ordinary for Lightspeed. It's gone through it before.

The company has given me absolutely no reason to sell, so I'll be holding.

The company now has enough cash on the balance sheet to buy back over 17% of its total shares. I'm not saying it will, or if that will even be a strategy by them in light of their share price collapsing, but this is a company that is in a very strong financial position and is growing at a fast clip.

Lightspeed was served a gigantic cocktail of headwinds, including the short report, supply chain issues, the payment processor selloff (Paypal, Lightspeed, Square, Nuvei etc) and an overall correction in the markets.

I base my investment decisions on the underlying performance of the company. I ignore all emotional aspects of the market. As I mentioned, Lightspeed has thus far given me 0 reasons to sell the stock, so I won't.

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Posted by Dan Kent
Answered on December 2, 2021 10:24 am
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I am sure there is but I would rather have the educated opinion if the stocktrades guys then scroll through the endless speculation of random people on discord.

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Posted by Beth Mercer
Answered on December 2, 2021 10:21 am
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There's a lot of discussion on the discord channel for this

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Posted by Travis Phillips
Answered on December 2, 2021 8:58 am