Inseego is the leader in 5G router and hotspots. They have contracts with several major carriers and the earnings that will push this stock to new highs are not baked into the price yet.
On top it has 28% short interest which can be a major catalyst for a squeeze to higher prices.
What do you think now....keeps sinking......yet they have added all these carriers....makes no sense.......still think that it will blow through earnings? Also now with the South African Sale....they should be able to reduce debt in the second quarter.....
pohaus
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@Stevehamburger, not the reaction to the report I was expecting. I am not too worried about the long term prospects as it is much harder to capture revenue than profit. Revenue is hard and expensive. Profit is as easy right sizing the costs of the business.
Still bullish as I don't think much, or any, of the 5G revenue has hit and they seemed to grow revenue 40%+ without much of an increase in sales and marketing expense.
member4896
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Are you still keeping this one?
PasqVil
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Great analysis. Been watching this stock for quite some time. Up to the next move...Thank you!