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Khairudin Ali

27 Apr 2020

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I'm invested in MOMO Inc, but I feel the market is not priced accordingly (downtrend). Anyone has any opinions on this?

I have a position in this stock listed in Nasdaq. I entered because of its increased revenue and earnings but still the market is not priced accordingly (downtrend). Maybe due to Covid19. Any one could enlighten me or those who have different opinion, please do share. TIA.

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YT

27 Apr 2020

You can take a look at this article: https://www.fool.com/investing/2019/09/04/momo-.... It shows decreasing earnings growth Q-o-Q since Q2 2018. Personally, I dont think an app is a sustainable business in the long run since it has low barriers of entry.

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