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$VRRM: Market Overreaction Creates a Massive Dip Buying Opportunity
YOLO $VRRM: Market Overreaction Creates a Massive Dip Buying Opportunity
The $1M YOLO on $VRRM: Peak Retardation or Institutional Inside Information? A 70% Drop Post-Mortem DD 🚀📉
Morning Briefing 🌞 Jan 23rd 2022 - Easy opportunities to make money today!
Shorts had their fun with REKR, knocked it way below fair value, time for this coiled spring to 🚀
My Watchlist For 5/28/2021 -- Told You $X Was A Snack
My Watchlist for 4/28/2021 -- Bruce Swingsteen Is In The House
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Entered VRRM calls this morning, am i regarded?
Bought $VRRM at $4.15, am I too late?
At \~$4, VRRM isn’t being priced for Avis leaving — it’s being priced as if Avis exposed a total customer-contagion event. That second part is still unproven. The company already cut guidance for the Avis loss, and even after that cut it still guides to real EBITDA, real EPS and real free cash flow — this is not a zero-revenue meme stock, it’s a panic-repriced cash-flow business.
VRRM everyone loves a good comeback story
VRRM calls actually printing???
Yesterday, Verra Mobility (VRRM) sinked so heavily by ~70% due to Avis discontinued contract which effect to roughly 10% of wide revenue. In my opinion, it is very overdone. The company still have solid government contracts which is recurring and sticky on toll/traffic light solutions. Which generates revenue about $460.7M (~47% of company revenue) The current marketcap is sitting around $584M. Seems like a massive undervalue to me. What do you guys think?
You have 1M and you decided to buy $VRRM . So much better opportunities out there. Just sell now And buy something else please
VRRM was $13 yesterday... currently $3.50
Wow. VRRM down 71% so far on news that it lost about 15% of it's business. Good night.
VRRM is truly going to $0 all because of one contract???
u/_hiddenscout pointed out VRRM. Pretty strong downtrend, but interesting company.
One thing that is kind of interesting, which makes sense, is how many companies are really trying to move more into SaaS models. Stuff like XYL, DGII, VRRM are a few names that are trying to pivot from hardware to more saas. Makes sense, since margins are better and usually comes with some re-occuring revenue.
Down $100 due to a red light ticket. Tempted to buy $100 of VRRM and see if I can get my money back
Chart analysis is not really a thing, here, though if it were, I would also point out various other bearish looking things. Since OP is looking for speculative plays, charts are secondary, since these kinds of plays are essentially lottery tickets. I hold several including IONQ, CMPS — companies leading an industry that has potential to explode some day, but not yet. In my opinion MBLY does not fall into this camp. They are an established company with negative earnings and declining revenues. There are smaller companies in the industry like VRRM (also a terrible chart) that could be acquired, but nothing about MBLY to me currently stands out as a potential future winner.
VRRM is the tech stock of the next 10 years with bankrupt governments and municipalities nickel and diming their constituents with petty traffic offenses.
$VRRM is in a number of traffic management related businesses including managing parking lots for a number of universities and local governments. However I think more of their revenue comes from toll management and end light camera management so you would have to decide if you are willing to be exposed to that.
It's not the only Gores dud. PAE has always been below $10, luckily they are getting acquired. And I am pretty sure that TWNK and VRRM (while above $10) have underperformed the market.
VRRM call rounding second…
I'm wondering if Alec Gores provides the best ROI and consistency if you factor in how many deals he already has done, while other sponsors might have a great ROI but only did around 3-4 deals (e.g. DMY, Fortress). He also has great deal flow and announces DA's rather fast: GRSV was around 30% into the deadline, GHVI 10%, GGPI rumour 15%. Track record on warrants: * TWNKW - $2,34 * VRRM - $5,39 * PAEW - $2,33 * UWMC - $1,63 (still a great company IMO) * GRSV - $2.00 (might drop once it deSPACs) * GHVI - $4.87 * GGPI - $2,13 (I probably forgot some) It seems to me that the premium on his recent pre-DA SPACs (GSEV, GIIX, GTPA all hovering around $1.35-$1.40) is warranted.
Y'all need to jump on $VRRM, like today.
Does anybody know anything about VRRM?
Yeah, “20% returns” if you managed to buy precisely at NAV and sell at precisely the peak. What a laughable standard. By that metric, Gores should be an absolute SPAC god because almost every single SPAC he has ever run has hit $14 at some point. VRRM, TWNK, LAZR, UWMC, GHVI...guess you should load up on GMIIU, and not waste your time with PRPB!