Well yes, i do have somewhat wariness of any sudden uptick in posting sentiment as quite often I find i get burnt more being next to the party than picking up something not in favour. The technicals have crossed over to more 'favourable' on my limited expertise. MACD ticking up, and crossed the 0 mark in same period as RSI is smack bang in comfortable regions... institutional purchasing recorded per my software and the recent fast growth rate all point to some increased sentiment in the short term. THe issue is I don't want to get caught in short term pump ups in sentiment, which I have a feeling will occur shortly. THe issue is how sustainable. Would be keen to see it hit a tipping point with the uptake rates, as we've already mentioned. Great 1,000 users in 5 days but sometimes these can be due to an influx of commercial work tied to existing contracts and you could have close to half that over the next 3 weeks. It's easy to have a selectively well dressed period of time to talk up. Then again it is the company's interest to do so - can't blame them. As mentioned - the june quarterly and more importantly the next quarter ahead, and even the dec 17 qtr if it doesn't run by then, will be very telling as to how growth uptake continues.
THe issue for me is whether scale is achieved, as i mentioned in my earlier post the expenses are correspondingly proportional and increasing from quarter to quarter although accompanied by an uptick in revenue. THe issue is I don't want to be stuck with a big cash burn as with quite a few companies still trying to scale up. I would rather be late to the party knowing the model is proven.
No probs I"llr ead back through the threads and announcement, just canvassing to see if there was any particular summaries or fact sheets on any well researched parts of the business as it could save some time. THen again the less well researched users on the board, I find the less hype and people in the know anyway, so by paradox potentially the better chance to make some money.
9SP Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held