NEXTECH AR SOLUTIONS NTAR.CD

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Looks to be a rising star. Would appreciate your comments. Thx.

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Asked on July 10, 2020 12:50 pm
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It is an interesting company that has a fairly healthy balance sheet. Definitely a ton of potential here.

But, an extreme word of caution. This stock may look like a small cap stock in terms of market cap, but just four months ago it was trading at 1/10th the valuation. This is a company that reported $2 million in revenue last year and now has a market cap of $429.95 million.

This company is trading at higher valuations than Shopify (over 100 times sales and 50 times book value). Except the thing with Shopify is you've got a track record of exceptionally high growth.

This company has wayyyyy too much to prove for me to provide any sort of thoughtful analysis on it that isn't just pure speculation.

I will say this, if you're planning to invest, expect significant risk/reward. As much as this stock could be trading at 3 times what it is now in short order, it can return back to it's pre-covid $0.64 level just as fast.

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Posted by Dan Kent
Answered on July 13, 2020 2:42 pm
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I'll have a look at this over the weekend!

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Posted by Dan Kent
Answered on July 10, 2020 4:41 pm
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I would also like to know I've been watching it all day... You're right it looks like a rising star...

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Posted by Jay Starks
Answered on July 10, 2020 1:45 pm