Profits Unlimited’s “$7 Tech Stock” and the “strange industry expected to surge 8,000%” | Stock Gumshoe

Profits Unlimited’s “$7 Tech Stock” and the “strange industry expected to surge 8,000%” | Stock Gumshoe: So believing in STM, even at what looks like a horribly depressed price compared to their 20 year history, means believing that they have some way of fixing things and righting the ship, and that they really can get to revenue growth and earnings growth again, perhaps on the strength of their focus on MEMS chips that will be used in the internet of things, self-driving cars, etc. The problem with that picture, as I see it, is that all the other strong companies in the space know about these trends, too, and they’re all working toward dominating those same markets. I’m a lot happier betting on a strong, profitable company going into a competitive growth phase than I am betting on a company that’s counting on external growth to help them fix problems they’ve had for more than a decade.