5/24/25 :: VROCKSTAR :: 
SPIR
I'm not convinced ST
- stock seemed to get ahead of last print
- this is a high capex biz so it needs to see obvious sales pickup to offset the high capex AND opex costs for leverage... once u see leverage... this is 0 marginal cost stuff
- i've also been seeing enterprise co's talk about reduced clarity on new contracts, delay in bookings while their customers get a handle on what current environment allows them to budget for spend.
- so while i like the idea of this product and its usefulness, in a weird macro... i don't think the incremental spend on this category/ data is the right zip code, and then you layer on valuation is not cheap and it's not like the co is generating substantial (any) cash w ST visibility.
- more of a short, but i won't be mean
- but i'm just staying away. not interested. gl to longs tho and pls lmk if i've been too crude in my armchair analysis or missed something incrementally important. always happy to change my tune as knowledge changes!
V
SPIRI'm not convinced ST
- stock seemed to get ahead of last print
- this is a high capex biz so it needs to see obvious sales pickup to offset the high capex AND opex costs for leverage... once u see leverage... this is 0 marginal cost stuff
- i've also been seeing enterprise co's talk about reduced clarity on new contracts, delay in bookings while their customers get a handle on what current environment allows them to budget for spend.
- so while i like the idea of this product and its usefulness, in a weird macro... i don't think the incremental spend on this category/ data is the right zip code, and then you layer on valuation is not cheap and it's not like the co is generating substantial (any) cash w ST visibility.
- more of a short, but i won't be mean
- but i'm just staying away. not interested. gl to longs tho and pls lmk if i've been too crude in my armchair analysis or missed something incrementally important. always happy to change my tune as knowledge changes!
V
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.