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OANN has been saying that for weeks too.
Verb is a bit tricky near year end to predict movement, because it's seldom just simple tax selling, it includes people trying to rationalize info presented in the earnings call, marketing, and positioning/consequence due to previous activity as you've suggested. It's easy to underestimate just how much it will move every time it does.
So you are saying 76% of the downward movement was investor stop loss
Man, dropping like a stone in water
This is the sensible statement on Verb Security.
Saying Verb has Zero security issues shows a lack of understanding in IT security. EVERY software has security vulnerabilities, you just have to dig around enough. If Verb had the same number of hackers targeting it as Zoom does, more then Zero [0] would be found.
1.57M traded so far and the price plummets. Either a lot of shorts or hopefuls and new investors are dumping like crazy.
Unless you are trading in a Roth
Well, if you raise a few Million, pay out $600K in a settled suite, what's the net on that? Another $1M bonus perhaps?
Perhaps I missed comments here, 2 days ago Rory and Jeff filed a 4A to buy 200K & 100K shares respectively on 12/23/2019
Waiting for the OS to tighten, seems there are still a lot of sellers out there.
It was over 1,000 years to build Rome, no one can wait that long
You might be right, I had an unexpected buy, I was bidding quite a bit below the spread and suddenly, it was accepted and then spread instantly returned back to where it was.
Thanks for the info
Just to set expectations, in big companies, individual users almost never have the power to purchase add-ons, that has to be a road map decision by the IT Architects, with a plan for who will need/benefit, then contracts for pricing are negotiated at scale. Sure some individuals in small businesses with purchasing rights may elect to use the add-on, but I'd expect that to be a relatively tiny segment of those billion+ MS clients, that also happen to be in direct sales.
Last year the PPS took a nose dive after LDS, let's hope for better this time around.
Perhaps, but with 3M+ in trading, he certainly convinced a lot of people
Thanks for the additional data, I mostly liked how the data was laid out, and easily readable
https://www.marketbeat.com/stocks/NASDAQ/VERB/institutional-ownership/
Useful summaries in the tabs
which part? Rory said on the call they have 185 employees.
At least we can reasonable conclude that a portion of the unexpected expenses have gone towards the payroll for the unexpected 185 employees.
Finally a bit of good news, from outside of VERB!
That so far has improved out valuation in no meaningful way
The same long that just got a $1M bonus, that the rest of the longs paid for with dilution
The big problem with staying long with Verb is that the continued sequence of dilutive maneuvers, diminishes investor ROI at every turn. Whereas new investors get the opportunity to pick up that ROI in lieu of longs. That doesn't mean longs may never recover, if the price eventually raises 10x - 40x (depending on purchase price), but no where near what was reasonable to expect of most investments. Rory sold longs up the river for new investors with his wildly exaggerated narratives of "client" and "partner" relationships.
Every "NEXT BIG THING", to date, has fallen woefully short of billions. No ice cream, no happy holidays 2 years ago as promised, R/S and subsequent uplist price demolished long value. The promises continue on cycle, while the share price devaluation for longs has been the opposite of expectations based upon those promises. I finally admitted to myself Rory was drunk on his own adoption estimates and started trading my entire interest in order to recover some lost value. I've been able to recover more stock value for myself, than Rory has. Think about that.
It's bad when the usual downward slide starts immediately after the conference call, only 3 more months until the next earnings release, I hope VERB does have some real PRs with the players Rory claimed to be having integrations with. Plug-ins don't count much if MSFT and SalesForce aren't adopting themselves. Being "integrated" all too often just means you are hoping to piggy back on big names then hope someone with money will notice and be interested. It seems unlikely that multi-billion dollar companies like MSFT and Salesforce are placing all their bets on a little company like VERB that is spending it's way into uncertainty.
I think there will be several more acquisitions, both to capture market and to stay afloat with dilutive money raises. The one good thing I can say is that more winners result from tenacity than any other quality.
One of my concerns is his use of the words "integrated into", remember we integrated into Oracle too, and we can see what that really meant...nothing
Yes but uttering the words while taking a Million dollar bonus ....does that really count as owning it, especially to investors down 6 figures or more?
VERB Reports Record Breaking Expenses!!