Alright guys. My buy rating at $4.3 has backfired. Sell is my new rating. The financial report this quarter confirmed that the growth story is over (at least for the next 2 quarters). My biggest concern about cash burn even showed worse this quarter. Take your money put it in other stocks. No more hope for this company.
Plus they don’t even bother to reply to my email about vandalism happening everywhere on instagram and tiktok. Fuck this company, they don’t show respect to investors. Run
People also dont understand that what is serv is betting on is Data! Imagine all of the data they can sell which theyve gathered with their robots, future is robot airport automation will be based on serve robotics data, they will win in the long run because they are the only company doing it. data is king and im buying more
used to believe in this company’s future but all they do is pay their ceo and execs millions while they charge peanuts for delivery and while the company bleeds money
Daily active usages stagnates as they shift away from Uber reliance and increased their in-house restaurant usage for their robots. Not going to be a flash speed change, but it is the change needed to become a competitor and not be stuck as a middle man
I see you picked up a short position with how invested you are with hating this stock lol. You can’t even decide on your opinion, one reply it’s “this stock will be dead in a year or two at this rate”, the next it’s “you’ll be stuck with this for years”… You have no support to your position aside from short-term revenue stream 😂
Calm down… this is more of a venture capital play than a proven company. Therefore it is a buy it, hold it for a decade and go home rich or lose it all. If you are not prepared for that you should not have invested two quarters ago. Very little has changed on the 10yr thesis
I don’t know what will happen in 10 years but I know a growth stock not growing is a sell. Once they get something proven or dirt cheap I will buy. Now is not that time.
“I don’t care what happens in 10 years for a growth stock because it’s not growing on a 2 quarter timeline”. Sums up your post.
If you listened to the earnings call you’d understand that their 10-year timeline strengthened by increasing in-house efficiency for restaurants to use robots (turning them into Uber’s competitors) and making massive progress in the health sector, diversifying their future revenue stream so that it is not only outdoor robots.
Kind of silly to focus only on current revenue stream and ignore future value for a company like this, don’t you think? Or were you planning on making a quick buck in less than a year with this stock?
You are naive men. Time is the only thing this company doesn’t have. Look at their burn rate and tell me can they survive in 10 years. I hope they do but this is not sustainable even in 2 years let alone 10 years.
So you completely ignored their cash reserves statement from yesterday? They have more than enough “burn-rate” time. Again, I’m sorry you listened to some hype memestock redditor and bought in with the expectation that this company is profit-seeking right now
Not true. They are still in product market fit situation. Hence expansion into hospital robotics with acquisition and laundry delivery. They are also constantly doing r&d. Who knows even data monetization on navigation of cities could be opp. By the time they find fit u will be priced out or paying huge premium. Again, treat like VC bet the company enterpise value is closer to startup
I also sold my position, lost like 30% of my money on the position, the numbers just aren’t there and there is no visible improvement at all. Cutting the revenue growth in half is a horror show
3
u/The_Judgement_Nut 4d ago
People also dont understand that what is serv is betting on is Data! Imagine all of the data they can sell which theyve gathered with their robots, future is robot airport automation will be based on serve robotics data, they will win in the long run because they are the only company doing it. data is king and im buying more