RE: Early bird9 Jun 2019 10:22
Good to see you in here, yes I have many stocks in my PF, lots in the resource sector, few in the oil and gas sector and a few "tech" stocks.
Ive been investing successfully for the past 10 or so years now and have never come across an opportunity like Bidstack. It took me a good few weeks of researching to grasp this company from both supply and demand sides, the market size, how the gaming market is evolving. But once I understood these and linked that back to the company business model here it was like a Eureka moment. This is a Unicorn, I am convinced. Ive never called any stock ive been invested in before a Unicorn.. so im not just throwing that term about. I genuinely believe this company is on to something spectacular.
Its positioned perfectly, pioneering tech, right place, perfect timing (gaming streaming shift / connectivity), right management team, first mover in a collosal ($180bln) industry which will be moving towards advertising to help monetise such is the streaming model.
My resource stocks in particular are on their knees because of Trump/trade wars, sentiment is shot in the resource space. Their time will come as we know markets are cyclical, an almighty bounce in the resource will happen in the next 6-12months IMO. In the meantime Bidstack is precisely what AIM has been crying out for, exciting story, top tier management, and overdelivering. This type of opportunity I genuinely dont think we will see again for a good few years so the key is to ride it.
CEO himself has big targets here in 2 years time if they execute this will be valued 20x higher than it is now - CEO's own analysis.
Great thing with tech, in particular "Digital tech" is that its reach is GLOBAL it expansion is FRICTIONLESS and can happen INSTANTLY.
You cannot compare a Green Grocer store with an Ocado or a local Taxi Rank with an Uber or a local clothes retailer with ASOS. The criticas here are trying to do just that with this stock... frankly shows the lack of research they have done. They figure if they shout louder people will listen when to people who have done their research they just look stupid.