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By Maj Soueidan, Co-founder, GeoInvesting
We just held our last Live Member Open Forum on November 8, 2023.
My brother, Zou (Senior Content Editor), discussed our ongoing website enhancements and I dug more into 6 of the 12 earnings reports we covered throughout October, along with model portfolio moves and noteworthy market news.
The following snippets cover it all. If you’re eager to dive beyond these clips, the full video is also available. Let’s get started on clips from this month’s Open Forum, recorded on November 9, 2023.
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Tweets and Reposts From Maj’s Feed
Generally speaking, the long-term bull market, ending in 2022, created 2 types of overvalued stocks, causing their shares to plummet.
1. Those with no business of being public that will continue to trickle lower.
2. Decent businesses waiting for earnings to begin justifying…
— Maj Soueidan (@majgeoinvesting) November 11, 2023
Great talk with @thejoehamblin. We touched upon Ooma, Inc. (NYSE:OOMA)‘s recent acquisition of 2600Hz for ~5x sales, Crexendo, Inc. (NASDAQ:CXDO) comp. I’m about to host a Zoom with COO of CXDO. Chatting about their Q3 numbers & his take on what OOMA paid. (CXDO is trading at ~1x sales & profitable. DM if interested. https://t.co/SGbheGNUNU
— Maj Soueidan (@majgeoinvesting) November 10, 2023