Your analysis on MAX above reminds me of $TDOC.. they had some nice run up around Q1 earnings but all the gains have been wiped out since and heading to a lower price level as we speak.
Does this also infer that something is not working within the business? TDOC has been notorious for their aggresive spending in sales and marketing even faster than the growth in revenue, implying that (1) they have negative operating leverage, and (2) they could face growth decline if they stop the ads and marketing.
Keep the ideas coming, I'm enjoying your research.
Your analysis on MAX above reminds me of $TDOC.. they had some nice run up around Q1 earnings but all the gains have been wiped out since and heading to a lower price level as we speak.
Does this also infer that something is not working within the business? TDOC has been notorious for their aggresive spending in sales and marketing even faster than the growth in revenue, implying that (1) they have negative operating leverage, and (2) they could face growth decline if they stop the ads and marketing.