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Gogo Inc. (GOGO): A Bear Case Theory 

We came across a bearish thesis on Gogo Inc. on The Bear Cave’s Substack by Edwin Dorsey. In this article, we will summarize the bulls’ thesis on GOGO. Gogo Inc.'s share was trading at $9.11 as of September 26th. GOGO’s trailing and forward P/E were 227.88 and 9.12 respectively according to Yahoo Finance.

Gogo Inc. (NASDAQ: GOGO — $1.64 billion) provides inflight internet to roughly 8,000 business jets, primarily in North America, and has long been viewed by value investors as a durable cash flow business with recurring revenues, strong customer lock-in, and growth potential...