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We are long Latch $LTCH.
We project 150-250% upside as the stock trades below cash value (~$1.20 per share) and the company has likely reduced its cash burn rate.
(1/5)
We project 150-250% upside as the stock trades below cash value (~$1.20 per share) and the company has likely reduced its cash burn rate.
(1/5)
We believe this cash figure has gone unnoticed by many investors due to Latch being perceived as a broken SPAC with outdated financial filings. The updated cash figure was disclosed in March 2023 during the $SIVB collapse
(2/5)
(2/5)
@JamieSiminoff, founder of @ring, recently sold his latest venture, Honest Day's Work, to Latch in exchange for equity. He will assume the role of CEO and is highly incentivized to increase the $LTCH's share price. Jamie brings valuable expertise in real estate technology
(4/5)
(4/5)
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