RightWingConspirator said:
I'll call the board's attention to a position I picked up about 40 days ago called GigaCloud Technology (ticker "GCT"). I entered the position in two different purchases at $18.61 and $22.91. Right now I'm up about 47 percent. The fair value of this company using a cash flow model is far higher than where it's currently trading ~$29. It's a relatively cheap stock so I put it forth for those folks that are more like me in your investment philosophy (buy and hold) to consider.
Revenues have grown on an annualized basis about 58 percent/year. They are profitable and trading at a P/E ratio of about 16x.
I pulled up the chart and looked at it's PE and trend. I know jack**** about this company because it's 12:30 am and about to go to bed, but I will know a lot about it before the bell Monday.
Thank you for bringing to the clubhouse. It's more than perked my interest because preliminary take is this could be a big one. I'll know more tomorrow night after I research it further.
I've been prepping food for tomorrow. I've invited friends and family to pop in to eat or eat and stay for the SB. I love to cook and my friends. Beef and chicken fajitas have been marinating since Friday night. Birria taco meat was prepared today and marinating in the Dutch oven in the fridge. It will go in the oven tomorrow morning. The homemade guacamole and salsa is done and in the fridge. I'm smoking pork ribs as snack food/appetizers. I know that doesn't go with the menu, but my ribs are f'ing good and were requested.
All that said, thank you for showing GCT because I want to know more about them. I see potential profitable possibility on the surface,