As I write, I got a new yolo. I even borrowed my other BRBR yolo which pumped 11 percent into ODD stock, which dumped over 30 percent today.. over 75 percent ytd... To the point where now it has over 11 dollars a share cash vs 9.62 (as I write) share price. Its debt is zero coupon exchangeable notes depending on future share price (zero percent coupon), but even with that net cash position.
It's a beauty tech platform with 80 points gross margin out of Israel. They had a spike in customer acquisition costs which gave them a net loss, negative cash flow for first time ever, and a 30 percent haircut for upcoming quarters on revenue. But it has a fortress balance sheet and 170 million remaining on its buyback program, which at this mc is 1/3 of the already tiny float.
Its not for the faint of heart buying today bc Ive been up 3 percent and down 4 percent in 2 hours... But according to dcf this is even better than my brbr play ... Which funny enough similar share price at 9.22, worth 25... This is 9.62 worth 35. Nfa. Push back.