Received 2 Sonos Ones as a Christmas gift this year and have really enjoyed them. I have been watching the stock since and it is up $4-$5 a share.
Could Sonos be for home speakers what Roku is for TVs? Ad revenue from space within the Sonos app, and ads on radio should be made a priority, it is how Roku makes a lot of $ . $SONO $ROKU
Why the panic? If you believe this is a good company then load up when its on sale. Especially if it gets into single digits. That is unless you were planning on buying your Thanksgiving Turkey with $SONO winnings! Stock prices often don't reflect the actual value of the company - and it takes time for the market perception and all the market maker trades to unwind and let the stock reflect real company value. Mr. Market is emotional and a schizophrenic according to Benjamin Graham. So.....just ride it out. 2 more good earning reports will put this stock well over $20.
I bought too early but, really can't blame myself. It's not like their revenue projections are highly predictable. It's always been a 2-3 year play for me. If the company runs out of money before then or, can't make any sales, I'll cut my losses and be just fine.
I'm glad that I own other stocks. Up over 200% in $SONO today.
REGARDING PSFE'S POOR PERFORMANCE....Steve Grasso @grassosteve Apr 30..." I am the defibrillator for out of favor stocks, remember when I hit $tse $oln $sono $wrk with the paddles willing them back to life?"
Can you guys chill this thing out down into the $12's so i can safely get back in? :-) Missed my buy in below $10. Really love $SONO - company and products.
$googl $sono ITC approves joint request to postpone mediation deadlines until mid-October, so that parties can finish fact & expert discovery and to account for Markman order expected in September. Earlier attempt to settle dispute was unsuccessful.
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Some stocks are overvalued because a lot of people see value in them. If you are a long on $SONO then you are one of those people who will see this stock expensive enough to be considered overvalued.
Long $Sono - do you guys think the big break over $20 and into the $30s will be after another quarter where they show their strength? My feeling is that this is still a great buy price for these guys. Very little noise about the Japan market....that could be a nice boost next FY as well.
Still a great buy at $15? Even a $20 PT in the next 6 months gives a 30%+ kick.
Could Sonos be for home speakers what Roku is for TVs? Ad revenue from space within the Sonos app, and ads on radio should be made a priority, it is how Roku makes a lot of $ . $SONO $ROKU
Same profile. Niche product companies. Gopro has added advantage in subscription model.
GPRO is seeing even better turnaround than Sonos.
$HEAR $SONO
So no worries unless you're a day trader.
I'm glad that I own other stocks. Up over 200% in $SONO today.
Total Debt (mrq) 50.08M
Sonos Inc $SONO
Book Value Per Share (mrq) 4.66
SONO tired me when it languished between 10 and 15. I finally sold out at 12.8 or so (i had long term options). Now it is in 30s
I definitely dont want to miss GPRO.
I find a lot of similarities between $SONO and GPRO
Total Debt (mrq) 50.08M
Sonos Inc $SONO
Book Value Per Share (mrq) 4.66
Still a great buy at $15? Even a $20 PT in the next 6 months gives a 30%+ kick.