WorkDay Inc (WDAY)

[sluicer]

It tough to make a case for "investing" in a company who is likely to never make a profit. Just look at the losses to date. Even their sales predictions for the coming quarter are falling to below 20%.

Some of the reports on the implementations of their programs question how they can do them in such a short time frame. If you look at the 10-K for the most recent quarter and scroll down to their talk about B shares being able to converted into A shares, what it says is that it can be done just by asking.

So, the whole number of A's and B's can be sold on the NYSE(which are the A's)anytime a B holder wants to cash them in.
The low daily volume makes for a ripe condition for a short attack.

The stock is still a double over it's IPO initial price. If one doesn't think a lot of that money isn't going to want to bail before the next quarters' "earnings" report, then those persons are going to be caught 'short'.