$Luokung Technology Corp(LKCO)$Just curiouswhy this firm is taking quite a beating the same way as other Unicorns. It has quite different aspects as a typical unicorn, with
1. Positive earnings.
While other Unicorns are delivering marginally Positive earnings or mostly negative earnings, LKCO has delivered very strong earnings with decent forecast in a challenging environment.
2. Strong balance sheet
The company has minimal debt in place which is well positioned for rising interest rates from Fed.
3. Attractive outlook
The company has strong partnerships with some of the largest firms in the industry, like MSFT, F and others. I don't think these companies would enter a deal with a company without strong convictions.
4. Well prepared for regulators
With so many ADR predecessors adapting into various regulatory issues in China & US, eMapGo Isa subsidiary to segregate various data issues, like Tik Tok/ DouYin by Bytedance.
5. Technology that is ahead of it's time
From LKCO tech, it resolves tethering/ latency/clarity issues that most of its competitors face. I was told that it's clarity level is way ahead of existing technology, and no latency issues (though I believe it is likely minimal instead of no).
Has been taking a long position on LKCO, and will be practicing DCA in this period. Appreciate if more pros can advise further on this firm, and provide more insights for me on my journey with LKCO. Thanks in advance [Happy]
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- Cedric77·2022-03-21Is a tick for all you have listed.Taking a Long and DCA on LKCO is the right decision.What we need is patient.LKCO is a worthy stock to park and nest our $!2Report
- aaffsmcjje·2022-03-16Ill be flying from now1Report
- DonnaMay·2022-03-14I think this company still has some prospects.1Report
- HilaryWilde·2022-03-14I'd like to see an increase in volume.1Report
- EvanHolt·2022-03-14The company is at an all-time low.1Report
- Semangkaka·2022-03-29Yes1Report