Main reason this is up, Fundstrat subsidiary made a bullish call on this stock. Excerpt below: The main reason we like this obscure stock has nothing to do with its history but is rather this exciting new product. While free-to-mobile gaming is an earner, we think SAFR is the potential homerun. It appears to have incredible upside potential, high-profit margins, and a plethora of use cases in the area of computer vision/facial recognition (really, it's the area of machine learning and artificial intelligence).
In addition to strong prospects and positive financial momentum, the company’s management team appears to have the willingness, experience, and unique expertise to hit a home-run in their new growth areas. This stock has many intersecting things we like about it. It’s surveillance and security component make it adjacent to our 2021 Investing Theme of Rising Violence in the USA. The company has made impressive efforts to pivot toward healthcare during COVID-19 and is the only off-the-shelf, commercially available facial recognition platform that can recognize users through masks.
$rnwk is where the real innovation is at. US military, S. Korea & Japan are drooling over their technology. Pulled rnwk financials, should be cash flow positive next quarter. 6 consecutive quarters of improved EBITDA. Trades at $4.50ish. You all should switch over now or wait until next dip however the window of opportunity is closing. GL friends.
G
RealNetworks Announces Fourth Quarter And Full Year 2020 Financial Results 2020 revenue from continuing operations of $68.1 million, up 3% year-over-year due to aggregate growth of over 110% from two key growth initiatives (free-to-play mobile Games and SAFR), offset by declines in legacy businesses
D
Short term 5, mid term 20, long term 40 dollars for this amazing tech stock
j
Gotta love thee short sellers - Not
C
I'm surprised to see so little conversation about this stock today considering volume is 3X average and the price is up 16%
B
With a current market cap of about 170m... and annual sales of 68m... this is very undervalued. If the growth rates (110% for free-to-play mobile Games and SAFR) sustain for even one more Q... and this nears 100m... this baby will RUN to about a 1B MC, or about 5.5-6x current share price.
B
Nice move up AH... currently +.32 (7.49%)... hope this carries into tomorrow and we head into the weekend on a strong note.
U
waiting for next entry point
Bearish
G
Now its a buy...
Bullish
D
The CEO invested more of his own money to buy more RNWK shares. Good sign for its future going forward with its control of Napster and the new version of facial recognition technology. The new facial recognition technology is much btter and accurate and should bring more orders. Best wishes to all patient longs. Be patient and dont sell to move other trendy stock
C
lots of movement pre-market but not seeing any news.
S
RSI Indicating Extremely Overbought conditions on no news
Bearish
T
Back to Glory .. I just love this turn around story, I bought 12.5k shares at .90/shr and I am holding long. They finally figured it out, let's go !!!
j
Tomorrow is earnings hold or sell
V
man...at this rate...I am gonna have to sell 50% of my holding...I did a covered call for $2.50. I have been doing it for a while and looks like I am gonna miss some of the runs after $2.50. Oh well!!!!
I wonder what is going on!
M
Yes, I started buying Friday AH at $3.63, advisor calling it a "multi bagger" with their facial recognition tech and Biometrics. CEO is former Microsoft Exec.
T
This is a double digit stock! i ll be here soon. i write this messages and it usually does.. last predictions; DPW at 1.90 and Zom at 0.14 . have a good weekend guys. i ll accumulate soon
Excerpt below:
The main reason we like this obscure stock has nothing to do with its history but is rather this exciting new product. While free-to-mobile gaming is an earner, we think SAFR is the potential homerun. It appears to have incredible upside potential, high-profit margins, and a plethora of use cases in the area of computer vision/facial recognition (really, it's the area of machine learning and artificial intelligence).
In addition to strong prospects and positive financial momentum, the company’s management team appears to have the willingness, experience, and unique expertise to hit a home-run in their new growth areas. This stock has many intersecting things we like about it. It’s surveillance and security component make it adjacent to our 2021 Investing Theme of Rising Violence in the USA. The company has made impressive efforts to pivot toward healthcare during COVID-19 and is the only off-the-shelf, commercially available facial recognition platform that can recognize users through masks.
2020 revenue from continuing operations of $68.1 million, up 3% year-over-year due to aggregate growth of over 110% from two key growth initiatives (free-to-play mobile Games and SAFR), offset by declines in legacy businesses
Best wishes to all patient longs. Be patient and dont sell to move other trendy stock
They finally figured it out, let's go !!!
I wonder what is going on!
46,149 AROUND 46 MILLION