Looks like a lot of volume coming through, and that is more than...

Looks like a lot of volume coming through, and that is more than just retail investors, definitely instos picking back up after dumping it last year at all time high of ~$4. Whilst Class is still trading at an above industry average P/E, you have to look at the constantly exceeding YOY revenue growth, and the massive future CF generations given the amount of customers Class is picking up with the aggressive market share strategy.

Even if it is free, it takes a LOT for a company to switch software eg from BGL (which a company I used to work for did) and therefore they will want to stay with the new provider for a LONG time, they're not just there for the free trial and disappear, there are significant costs associated with the move and for this reason I highly doubt any firm would leave after a free trial.

This leads me to believe that a lot of companies have been signing up for the service, having seen the value it can provide (and it is a hell of a lot compared to other providers) which is why they have a large retention rate.

I bought this IPO and have only picked up more shares and never sold any because I believe this will be a massive cash cow for years to come. I've also seen a lot of the direct portfolios of many manged funds through my current job, and there are a substantial amount of them holding CL1.

Wishing I picked up more when it was at $2.20!!

All IMHO - DYOR and GLTAH! - See you at the $4 party when we return!