Drifting down on very low volumes. As you say the fundamentals...

Drifting down on very low volumes. As you say the fundamentals are strong. I think the macro tech dives over the last few weeks have rattled buyers here. No one wants to enter before the 4C but rather wait and see. It went up something like 500% within a month earlier this year so if the numbers and outlook are good in the 4C then I would expect a quick recovery.

I doubt loose lips. The small volume sells would suggest it is just retail sellers who are a bit shaken up. Also remember that those closest to the company (a group of 20 odd founding investors from memory) have their shares tied up in escrow.

The 4C will give the stock the clarity it needs. I expect it Wednesday morning as last quarter they released in on the last day (31 July) and that gave them the ability to essentially give Paid User stats for the whole of July too (up to 30 July). So if this follows I think we will get Paid Users up to 30 October.