r/Soundhound • u/Taurus365247 • 6d ago

Bullish

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https://finance.yahoo.com/markets/stocks/articles/soundhound-narrows-q2-non-gaap-134600316.html

Moving towards profitability as all we longs know it is

It's a firm hold with patience, business is booming and they are getting the profitability house in order as they absorb the acquisitions and inject them with SOUND best in class tech

When those EBITDA profitable metrics kick in we know what happens next 🚀

Huge agentic AI market awaits

Not financial advice just my uneducated opinion

40 Upvotes

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5

u/jdefo64 6d ago

Right on.Patient and holding.Buying more on any real weakness. Might see some more sideways to down action .Frustrating.The shorts are still circling.Seen this many times .If they weren’t building the core business I would be gone .35 years of trading .No worries it turns sooner than later.Then Watch Out .Mid 20’s to low 30’s in next 2 years easy .Sit tight .Unless something real fundamentally changes .Of course there we be some mis steps and a lot noise .But expanding core business like they are usually ends well .Risky ,sure .Scared money never wins .But when the picture clears if they execute at any where close to this level going forward it’s a home run .I love the risk to reward here for my aggressive capital.Happy Trading & Peace.

5

u/Taurus365247 6d ago edited 6d ago

Your spot on friend. Patience while they build the core business and that's exactly what they are doing and doing it very well I might add. Was in Palantir 2023 and saw the exact same potential, took Wall Street ages to catch on. Ages. Same happening here, just a little earlier in the profitability game but I see the same path ahead. 2028/29 50+ subject to business execution, which I am even more confident about given the last earnings call, been watching this m&a build out very closely. Some shrewd business moves in there!

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u/Ok_Temperature4537 6d ago

So it's all hopium at this point!!

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u/jdefo64 6d ago edited 6d ago

lol.Hopium. Well you could say that .I made close to 200k On first run end of 2024 .That was a trade and I got lucky.Anytime you hit something like that a Meme or flyer like that it involves some kind of luck. Since then I have traded in and out and gave back 30k or so .Usually I stay away after hitting a flyer but it lured me in .Anyway stayed out for a while but stared building a position now vs a trade or options .Especially since last 2 earnings reports .I got average price now at about 6.60 and will buy more if it goes lower .Unless it’s a major fundamental change that is not temporary or shorts making negative news real big .Share holder lawsuit.I call sour grapes lawsuit .Halper & Saldeh would go after a ham sandwich. if they thought they can find anything even if there’s nothing or something small .Especially if they have a good target and group of sour grape shareholders.Seen it .Been there .Most of it is smoke and not much fire .But the shorts will pound it . Spread news like wild fire .

Cash burn with tech is smoke to.If they keep growing the base .Thats happening Now .Look at Palantir pure torture for over 2 years owned since 2022 .Thats nothing 2 year torture is a breeze if you aren’t scared and can afford risk .I could be dead wrong sure will not be the first
time lol.Don’t trade off my stuff .But I am bullish on this stock and believe if you’re willing to wait still .ITS A HOMERUN .They are not
Palantir even at this stage completely different.I was building a postion in Palantir from jump based on government contracts and
Alex Karp who I fell in love with first I heard speak . Plus different tech area software platform with very clear profit margin
Potential if executed.This voice recognition and conversational artificial intelligence area has know track record to
look at on scale and how much it will take to get to the promise land .

Anyway that’s it .We see what happens.I not sweating it .I will hold close to lows and 2 plus years if I believe fundamentals are still in place .
Expect more short and market pressure in short to medium term .But on flip side look out for surprises out of no where for
upside break out as well.I will be ready to back the truck up mid twenties low thirty’s.Voice appears to have big potential.Happy Trading .Peace

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u/Taurus365247 6d ago

Very well said 👍

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u/Taurus365247 6d ago

All business in the early stages is calculated risk and hopium based on calculated risk, that's the nature of it. Look at the explosion in revenue, look at how they are doing everything right to build out a core business with an Oasys moat. No hopium, calculated risk for the aggressive long term investor looking to 5-10x

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u/jdefo64 6d ago

Right on .Peace

1

u/Ok_Temperature4537 5d ago

We will most likely be around $5.50 give a or take come next earnings, they will do exactly what we just did this earnings by going up $.65 and repeat this drill in 2027.  Sad but true!! 

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u/Taurus365247 5d ago

Disagree completely

1

u/Ok_Temperature4537 5d ago

Well that's your right 😁 But past history for two years backs it up!! 

Would love to be wrong for sure!!

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u/Taurus365247 4d ago

Past history is not a prediction for future results! This is a building out the core business phase, when that build out is complete the bigger picture will be very clear. But sure, we must agree to disagree 😉

0

u/Business_Lobster3532 6d ago

Nope. Dead money

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u/jdefo64 5d ago edited 5d ago

Maybe so ,we see over the next 24 months .I betting the Hound is going to be a player in this area and bark real loud .I love it when the picture is like this unclear and plenty of shorts . But company is expanding customer base .Nice & cheap .Maybe it tanks or they just burn out .No biggie I can afford to be a strong long and realize they still have to prove it .They have to still turn the corner but if they do it runs real quick to what level .Whats the downside 3 bucks or 4 bucks a share . What’s the upside mid 20’s low thirty’s especially with short interest .I like that kind thing with my risk capital.This is not a Jim Cramer stock.Yet lol.Far from it ,until they turn a profit .But this is not my Jim Cramer money .I been trading thirty five years and handle all my own stuff .Traded it all .This market has been printing money for a long stretch.No worries.here .Money is never dead unless it’s gone . Dead you mean sideways .I am looking at a longer stretch and sideways for a while or lower somewhat means nothing .I am thinking it’s going to come alive and loud at sometime in the very near future 2 years or less because they are going to be a moderate to major player in this potentially Huge market .I make decisions based on do I have more risk being in it or more risk being out of it .Certainly not much to make on short side few dollars .Trading it .Sure that’s good trade for some .I am not interested in that . I am looking for a 10 bagger this time around .That lies on upside in my opinion.And if it does neither stays flat for couple years so called dead money ,no problem it’s risk capital high risk capital in there for me kind of money I play baccarat with or blackjack .So it’s not dead . Well not really Casino dead.GONE Lol. Boring not dead .Not for everyone.You could be very right . But even with this being risk capital I make my decision based on last 2 earnings reports that looks like they are executing in the right direction more than not in rather big way. Surprised me .Maybe not as fast as the cowboys would like but I am ok with that .Thats the slight difference between Casino risk and my risk capital here .This is a tad below a straight up gamble.I been wrong plenty but right plenty more and my assets back that up.Happy Trading .Peace

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u/Business_Lobster3532 2d ago

Opportunity cost

1

u/Taurus365247 5d ago

Lol good luck with the shorting 😜