I'm probably wrong, but $SPOT still looks like a generational buying opportunity to me!
Alan's avatar
I’m aiming to accumulate 1000 shares. I’m over halfway there now and moving towards my target faster than I thought I would given the low price!
Fat Baby Funds's avatar
@prinzmyschkin Hell yeah! Love it. 1k shares is a great goal. I'll slowly make my way there too.
Alan's avatar
@fatbaby added 21 more yesterday !
Joey Hirendernath's avatar
@fatbaby I know a healthy level of skepticism is needed and it's wise to reason out the potential downsides but curious to know makes you think you're probably wrong with this claim ?
Fat Baby Funds's avatar
@joeyhirendernath Stock is down from IPO, closing in on 5 years and the market doesn't trust it. I'm saying the market is wrong, so that leads me to believe I'm probably the one who is wrong.
Rihard Jarc's avatar
I can't really set expectation for what the net margin would be in the long-run. Have any models for that?
Fat Baby Funds's avatar
@rihardjarc During investor day they set the target for 20% by 2030. Huge assumptions to get there (i'd be shocked if they do and I'm a bull), but podcasts are a real drag on margins and 2022 should be inflection point.

I wrote about some of the longer term margins/assumptions needed to hit that number here:

Rihard Jarc's avatar
@fatbaby Thanks man, will take a look! Yeah 20% net margin doesn't seem real to me.
Joshua Simka's avatar
@from100kto1m and @toasty_trading are big $SPOT bulls too. Not so sure about "probably wrong" but it's good to be cautious :)

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