All of my posts are only my personal opinions and should never be taken as fact or advice by anyone.
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Lol how's that uplist going
Bwahahha
Who cares
Not like anything is actually happening
Lol this didn't age well
More like we will continue having holdings in bullshit
Hahaha over 0.001 wowww what an amazing milestone. Meanwhile scumbra continues doing absolutely nothing
With a sustained 65% growth rate, this company would have PEG ratio of 1 at 9B $ market cap. Just saying..
We'll see what happens today, but so far market is responding positively to this strong report. Now at 3.14$
Capital gains on asset sales could be reported as revenues sometimes but you generally wouldn't just report any asset sale as revenue. Idk the specifics here but I'm not surprised.
The point is, they beat by 20+%, everything is up YoY, stock is now 3.10$ premarket, up 60 cents, because these are good results.
Lol please explain why you think SSFT is currently worth 2$ per share, or a valuation of 1-2 billion dollars?
He was confusing asset sales with revenues, I already explained that. They still beat consensus
They beat by 3M+
Why are you yelling? They reported a 20+% beat and the stock is up above 3$ pre-market as a result. No one was expecting 25M, the consensus was 15M, and they reported 18
The point is, there are 280M common shares, massive ongoing dilution (with 700M authorized), and 3.5M preferreds convertible to another 385M in common shares.
In other words, fully diluted, this ALREADY has 665,000,000 shares issued.
There are a total of 1,800,000,000 shares authorized between preferreds and commons, and the dilution is heading in that direction.
Is there any reason why this stock should be trading at .25$, or 166,250,000$ in market cap right now?
Not when the company is diluting and sales are a single-digit percentage of that figure.
And to hear talk of 1-5$? That's just more OTcrap bs. This company isn't worth 665M $ - 3B $ right now, and it never will be unless they step it up in a major way.
This is a nice company offering a software solution to some good clients. That's great and I wish them the best. But it's not worth a billion, half a billion, or even a quarter billion. No reason to buy at these extravagant valuations.
Those clients are for an old security service, not the so-called AI product. Enterprise software gets enterprise clients, this isn't revolutionary. Yawn
It seems like the actual trend/pressure is upwards, and that yesterday was panic caused by the broader market. Hopefully that points to strong earnings, we'll see
Wow, it's now back at 3$ in the premarket. Volatility is incredible here
Those are large companies which do business with many smaller firms like this one. SSFT isn't the next big thing like many have been saying. OTCrap market will seize upon the google name for a big pump, but imo get out while you can because this co isn't really going anywhere big. This will never be a leader in AI or anywhere close to it
Lol it dumped 50+% after I said that. Have fun celebrating the latest pump, garbage will drop later
Lol it was at .4+ when I said this was going down, and it still is. Just a bs OTC run, it'll dump later
Shorts covering causes buying not selling
It's going down because the whole market dumped today
I meant it's a shame the lockdown is over because people will die of Covid
The pandemic doesn't cause the economic halt, the lockdown does, and the lockdown is pretty much over for worse and for better now (sadly)
It's a shame the whole market tanked today. Stock is back in 2.80 range now though. Hopefully it'll get back to 3 before earnings
No one cares about scumbra's lies, so no news.
Just more Scumbra bullshit, no news
Where was the news?
There was no news
What are you even talking about at this point lol
Lol this is a NASDAQ stock. That's not how it works. They have a CFO and accounting department. Their job is to run the financial side, not 'business'. Misreporting an earnings date is failing _at their one job_, not some side project.
What changed is that management dropped the ball like a bunch of idiots. Who announces the wrong earnings date?
Pink sheet message boards? They put the wrong earnings date on their website. That's unbelievable. Stock gave back a week of gains from their stupid avoidable error (which they still haven't addressed). Market still doesn't know when earnings will be reported...wtf?
No reason why this hasn't been addressed already in formal communication, it's just dumb to let one's stock be harmed when you could literally just tweet out the date and kill the uncertainty. Smh
Well if they are not pushing it back then they should announce it in the next 4 hours. Pretty unprofessional to have 3 different dates floating around, wtf
Should be tomorrow
Market is insanely hot right now, I don't think corona will depress reaction if results are good
Would be nice to see a +10% day today
Up 5% pre-market
Then again everything is up so...lol
Lol exactly, it's kind of like when he PR'ed that they looked into a new location but they couldn't find a lease so they were still searching. Roger is great at describing non-events as though they're 'news'
Indeed.
I think this is a buy at 0.004$, no higher.
Will do, thanks