Research Notes: Is Live Ventures An Easy Short — Or A Transformed Long?
LIVE's checkered history and cheap valuation create an interesting debate
Only a few years ago, LIVE was a penny stock with a number of red flags.
A series of successful acquisitions (so far) has changed the story, and underpin a valuation that looks at least reasonable.
There are enough risks here to stay on the sidelines, but management will have the ability to address some of the core risks with the next earnings rep…