Apr. 3 at 4:49 PM
$RILY using the
$SPY day off to look at the history here & just leaving more convinced the valuation gap getting insane here… already marking the caveat that I know large swings in eps due to investment gains… in 2021, had GAAP eps of
$15.01/share & stock price peaked ~
$90/ share even as swung into GAAP loss in 2022… last year GAAP eps swung from loss in 2024 to
$7.61 profit (higher than current share price) & 2026 GAAP eps likely to be much higher than the 2021 GAAP eps of
$15.01 just off the gains in
$BW not too mention that every segment generating profits aside from Consumer Products where the losses have been reduced ~ 75% YoY and looking like heading towards break even maybe even small profits…