REBUTTAL TO THE BRIAN STOFFEL MOTLEY FOOL ARTICLE (part two)
4. The recent Boeing announcement is an indication that there is a growing demand for the services like GOGO’s and it is much more cost effective for the airlines to order the planes pre-equipped with the equipment rather than take them out of service for the retro fit.
The growth outlook is impressive and I would suggest that Brian spend a little more time getting familiar with the business model before making such broad generalizations.
As with many so called “contributor” articles that come through the blog websites like Motley Fool, be selective in which analysis you choose to follow. Who knows what the motive is on the buy or sell side, but my guess is the articles not written for leisure or the greater good of humanity.
I am a believer in GOGO’s growth potential and I think there is a significant amount of value not represented in the current share price.
Good luck to all.
Stoffel like Brian Kelly on Fast Money are not negetive on the stock, they just are staying away from it. In fact I found Stoffel's video quite positive. The same skeptics questioned NFLX some years ago. All I know is on a recent flight to the East Coast, the person next to me and across the aisle were hooked up to GOGO, and at the ATL airport there were more......long term hold/buy