LGHL - Lion Group Looks Overvalued Based On Fundamentals
- The company has a small China-focused trading platform and has been pivoting towards the SPAC and cryptocurrency businesses.
- Lion Group is losing money, assets are low, and the operating cash flow is barely positive. It claims this is due to COVID-19.
- It seems that the company's shares have attracted significant interest from retail investors.
- Overall, I think the business isn't worth much in its current state and that this one is a sell.
For further details see:
Lion Group Looks Overvalued Based On Fundamentals