Just to explain my earlier post.
Life is too short. Beating the market is all about getting market-beating investments by avoiding losers and finding winners.
Owning capital intensive business such as the banks and miners offers little sense to me these days.
Speaking for myself mind you.
These types of business need huge capital intensity. Companies in these industries need to invest huge sums of money in advance just to enable production. While all the while the investor crosses their fingers hoping that commodity prices don't move against them.
Surely there must be another way!
That’s why this stock caught my eye. Dropsuite is a SaaS business. SaaS businesses have small set up costs initially make money from subscriptions. The more subscriptions, the more money the company makes especially if the company has a killer product. Dropsuite has just that, targeting small to medium business by leveraging their growth on existing business such as Go Daddy, Host My Site just to name a few and many, many more in the future.
Simple but effective. The right product for the right market. Which equates to fantastic growth prospects for the near to long term.
I don't believe this is just good luck either ! Not when the management team is led by Charif El Ansari. Like Where's - Wally has mentioned in his post.
The only way is up and if may be bold enough to say. 1000% growth seems a bit conservative to me.
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Just to explain my earlier post. Life is too short. Beating the...
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Last
$4.45 |
Change
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Mkt cap ! $239.5M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 21 | $4.46 |
Sellers (Offers)
Price($) | Vol. | No. |
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$4.45 | 1000 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 47441 | 0.036 |
2 | 278200 | 0.035 |
1 | 50623 | 0.034 |
1 | 80000 | 0.033 |
7 | 3837723 | 0.032 |
Price($) | Vol. | No. |
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0.037 | 3325 | 1 |
0.038 | 107538 | 3 |
0.039 | 50000 | 1 |
0.040 | 65000 | 1 |
0.041 | 70000 | 1 |
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