The Bull and Bear Cases for SOS Limited Stock

27
8
Favorite

The Bull and Bear Cases for SOS Limited Stock

InvestorPlace2021-03-22

Making sense of the controversy that is SOS stock SOS Limited( NYSE:SOS) is arguably one of the most interesting trading stocks on the market today. Almost every day, SOS stock makes a big move one ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（8）

boonhuat
·2021-03-24
Coins
Reply
1
Report
Kk722
·2021-03-22
Like n comment
Reply
4
Report
Fold Replies
- huat168:
  Buy on dip
  2021-03-22
  Reply
  Report
Vivienrose
·2021-03-22
A lot has happened with SoS. Time will tell whetherthis is a good stock or not
Reply
6
Report
huat168
·2021-03-22
What is the motive of posting this news one hourbefore market open?
Reply
4
Report
DenDenBear
·2021-03-22
Nice article
Reply
2
Report
Vood
·2021-03-22
SOS lets go!
Reply
2
Report
Fold Replies
- boonhuat:
  coins
  2021-03-24
  Reply
  Report
- Lun88:
  Good
  2021-03-22
  Reply
  Report
- Vivienrose:
  [财迷][财迷]
  2021-03-22
  Reply
  Report
Qaal
·2021-03-22
Let's go
Reply
4
Report
jellycube
·2021-03-22
Like n comment
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1102857773?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-22 20:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1102857773","market":"us","top_or_hot":-1,"title":"The Bull and Bear Cases for SOS Limited Stock","media":"InvestorPlace","content":"<div>\n<p>Making sense of the controversy that is SOS stock\nSOS Limited( NYSE:SOS) is arguably one of the most interesting trading stocks on the market today. Almost every day, SOS stock makes a big move one ...</p>\n\n<a href=\"https://investorplace.com/2021/03/the-bull-and-bear-cases-for-sos-stock/\">Source Link</a>\n\n</div>\n","source":"lsy1606302653667","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Bull and Bear Cases for SOS Limited Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Bull and Bear Cases for SOS Limited Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-22 20:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/03/the-bull-and-bear-cases-for-sos-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Making sense of the controversy that is SOS stock\nSOS Limited( NYSE:SOS) is arguably one of the most interesting trading stocks on the market today. Almost every day, SOS stock makes a big move one ...</p>\n\n<a href=\"https://investorplace.com/2021/03/the-bull-and-bear-cases-for-sos-stock/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOS","symbol_name":"SOS Limited","start_time":0,"source_url":"https://investorplace.com/2021/03/the-bull-and-bear-cases-for-sos-stock/","article_id":"1102857773","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1102857773","pubTimestamp":1616416630,"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Making sense of the controversy that is SOS stock\nSOS Limited( NYSE:SOS) is arguably one of the most","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SOS":"SOS Limited"},"translate_title":"SOS限售股的牛熊案例","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOS":0.9},"content_text":"Making sense of the controversy that is SOS stock\nSOS Limited( NYSE:SOS) is arguably one of the most interesting trading stocks on the market today. Almost every day, SOS stock makes a big move one way or the other.\nOn last Monday, for example, shares surged 20% on strong operating results. But it quickly followed that up with a nearly 10% loss the next day.\nFundamentals are similarly mixed. On the one hand, SOS appears to be rapidly scaling up a large cryptocurrency mining business. It put out another press release just this week highlighting substantial progress on that front.\nOn the other hand, short sellers have claimed that SOS stock is a house of cards. Who’s right?\nSOS: A Rapidly Growing Crypto Business …\nAccording to SOS’ management, the company’s business is advancing rapidly. According to an update from earlier this week, the company is getting more mining equipment set-up quickly. SOS states that it has deployed a second group of 5,000 mining units, and has more on the way. According to CFO Steven Li:\n\nOur output should grow in future quarters as we receive and install our third batch of mining rigs and have a full quarter of operations for our current rigs.\n\nFurthermore, SOS stated that it successfully mined its first Bitcoin(CCC:BTC-USD) on Feb. 24 of this year. For all of Q1, it anticipates 41 Bitcoin and 909 ether tokens. Given the current prices of those cryptocurrencies, SOS would generate in the range of $4 million in revenues this quarter.\nPresumably, that’d ramp up quickly next quarter as its mining gear would be online for a full three-month period rather than just a few weeks.\nOr Is it a Dangerous Scheme?\nBoth Hindenburg Research and Culper Research fired off short seller reports against SOS stock recently. I’ll stick to covering the Hindenburg allegations, as its the more well-known firm.\nHindenburg successfully revealed the skullduggery occurring at Nikola(NASDAQ:NKLA) last year, and its recent report on Lordstown(NASDAQ:RIDE) has also caused a major impact. Thus, Hindenburg’s allegations against SOS must be considered seriously.\nHindenburg lays out a variety of allegations against the company. For one, it documents that the company’s purported headquarters was empty. The company responded and stated that it was at a different address, however this one showed few signs of life either, according to Hindenburg’s photo documentation.\nHindenburg also revealed that SOS allegedly inflated a key person’s resume. But perhaps the real shocker was that a purported takeover to acquire crypto assets appears to have actually been a related-party transaction. Hindenburg highlighted how both SOS and the purchased company’s website used the same code and cited an employee who said as much, thus suggesting it was a shell transaction.\nHindenburg wrapped all this up by stating that the company is an “obvious shell game” that is worth nothing. After a company response, Hindenburg doubled down. It pointed out that SOS refused to reveal the location of its mining rigs – unlike other listed crypto-mining companies – making it harder to validate the company’s purported assets.\nSOS Stock Bottom Line\nThe tipping point for me personally, in this debate, is SOS’ corporate history. Just a few short years ago, SOS made its initial public offering (IPO). Back then it was called China Rapid Finance and traded under the ticker XRF. It intended to make consumer loans online, using a peer-to-peer marketplace. However, this business never reached consistent profitability, and the company’s balance sheet was eroding.\nNot surprisingly, like so many other struggling firms, China Rapid Finance abruptly pivoted to cryptocurrency. It changed its corporate name, business strategy and ticker symbol. While some totally reinvented companies end up being successful, usually this sort of corporate makeover ends badly.\nThrow in the credible short-seller allegations and SOS stock is a pass for me. I’m not the only one, either. Our Matt McCall, who is a crypto bull, nonetheless makes the case for avoiding SOS stockright now.\nThat said, if you are highly bullish on cryptocurrencies in the short run, there’s a good chance that SOS stock will work out. It’s hard to deny the operational momentum the company has on the mining front right now.\nAs long as the major cryptocurrencies keep hitting new all-time highs, SOS stock will have a strong tailwind. Just make sure not to overstay your welcome in SOS stock.\nThere are a lot of troubling factors here from a longer-term perspective.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":351819016,"gmtCreate":1616583268635,"gmtModify":1704795965218,"author":{"id":"3575289521158838","authorId":"3575289521158838","name":"boonhuat","avatar":"https://static.tigerbbs.com/04020f90fcb6f74117e2a7d738a58fe0","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Coins","listText":"Coins","text":"Coins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351819016","repostId":1102857773,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":359758705,"gmtCreate":1616425645707,"gmtModify":1704794010515,"author":{"id":"3575035720573684","authorId":"3575035720573684","name":"Kk722","avatar":"https://static.tigerbbs.com/a13c189a070027aba7046404e1a64b01","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like n comment&nbsp;","listText":"Like n comment&nbsp;","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/359758705","repostId":1102857773,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3856056,"gmtCreate":1616428226950,"gmtModify":1680781315462,"authorId":3577858781887046,"author":{"id":3577858781887046,"authorId":3577858781887046,"name":"huat168","avatar":"https://static.tigerbbs.com/f4331c579b39f5904bca699993489762","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":359758705,"type":1,"supId":0,"prevId":0,"content":"Buy on dip","text":"Buy on dip","html":"Buy on dip"}],"langContent":"EN"},{"id":359447637,"gmtCreate":1616422012529,"gmtModify":1704793896646,"author":{"id":"3575585519231161","authorId":"3575585519231161","name":"Vivienrose","avatar":"https://static.tigerbbs.com/def4c9c09d2d61a66e1bd9447e42aa29","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"A lot has happened with SoS. Time will tell whetherthis is a good stock or not","listText":"A lot has happened with SoS. Time will tell whetherthis is a good stock or not","text":"A lot has happened with SoS. Time will tell whetherthis is a good stock or not","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359447637","repostId":1102857773,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":359444270,"gmtCreate":1616421986890,"gmtModify":1704793895300,"author":{"id":"3577858781887046","authorId":"3577858781887046","name":"huat168","avatar":"https://static.tigerbbs.com/f4331c579b39f5904bca699993489762","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"What is the motive of posting this news one hourbefore market open?","listText":"What is the motive of posting this news one hourbefore market open?","text":"What is the motive of posting this news one hourbefore market open?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359444270","repostId":1102857773,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":359490744,"gmtCreate":1616418238488,"gmtModify":1704793789580,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Nice article","listText":"Nice article","text":"Nice article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359490744","repostId":1102857773,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":359406891,"gmtCreate":1616417855413,"gmtModify":1704793782739,"author":{"id":"3575255839396622","authorId":"3575255839396622","name":"Vood","avatar":"https://static.tigerbbs.com/93a651dd357b02f49717469ec3a9049a","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"SOS lets go!","listText":"SOS lets go!","text":"SOS lets go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/359406891","repostId":1102857773,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3870773,"gmtCreate":1616583288250,"gmtModify":1680781537448,"authorId":3575289521158838,"author":{"id":3575289521158838,"authorId":3575289521158838,"name":"boonhuat","avatar":"https://static.tigerbbs.com/04020f90fcb6f74117e2a7d738a58fe0","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":359406891,"type":1,"supId":3854693,"prevId":0,"content":"<u>coins</u>","text":"<u>coins</u>","html":"<u>coins</u>"},{"id":3854331,"gmtCreate":1616420039031,"gmtModify":1680781290488,"authorId":3570689854299608,"author":{"id":3570689854299608,"authorId":3570689854299608,"name":"Lun88","avatar":"https://static.tigerbbs.com/8fd11c854c4768369b7450d2e6813e13","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.45%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":359406891,"type":1,"supId":0,"prevId":0,"content":"Good ","text":"Good ","html":"Good "},{"id":3854693,"gmtCreate":1616421695667,"gmtModify":1663224556530,"authorId":3575585519231161,"author":{"id":3575585519231161,"authorId":3575585519231161,"name":"Vivienrose","avatar":"https://static.tigerbbs.com/def4c9c09d2d61a66e1bd9447e42aa29","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":359406891,"type":1,"supId":0,"prevId":0,"content":"[财迷][财迷]","text":"[财迷][财迷]","html":"[财迷][财迷]"}],"langContent":"EN"},{"id":359572137,"gmtCreate":1616417095729,"gmtModify":1704793770353,"author":{"id":"3577432645863048","authorId":"3577432645863048","name":"Qaal","avatar":"https://static.tigerbbs.com/0ebae6fa58e32daca8a545858cb2b589","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Let's go","listText":"Let's go","text":"Let's go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359572137","repostId":1102857773,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":359579940,"gmtCreate":1616416677780,"gmtModify":1704793765336,"author":{"id":"3577240946795051","authorId":"3577240946795051","name":"jellycube","avatar":"https://static.tigerbbs.com/5119cd61038ce149ba22600ec80960c2","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/359579940","repostId":1102857773,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":27,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}