Almost nothing for sale. Also, an irritating big seller who kept moving his order around, sold out in the closing auction yesterday, so less blockages today hopefully.
The one concern on the daytraders thread yesterday was the revenue model. But I'm getting that 1PG is playing a numbers game - get the big businesses, and then the millions of smaller businesses in the world become available. Just need to speed up the lead times and ease of adoption.
I like how it's innovative and involves networking and the cloud. All popular and powerful things these days. It can go viral.
I can see this as a billion dollar company within a year or two if they keep signing up big names and polishing the products. It will be valued on potential more than profit due to accelerating growth. People on the daytrading thread mentioned Xero as an example of potential. Although they are different models, that kind of valuation on potential could happen.
I watched the CEO's video at Amplify. She's on the ball and charismatic.
1PG Price at posting:
$1.62 Sentiment: Buy Disclosure: Held