Yeah I'm pretty sick on BSQR as I was confident it was going to $10. Earning .15/share per quarter, over $2/share in cash on the balance sheet, hiring like crazy, partners with tech giants Google & Microsoft, etc. It was a slam dunk (especially in hindsight ha). Wish I would have just taken a wade-sized position in the $5's and $6's and held on.
Tough to watch it now in the $12's. And it's still going higher. Goes up every day! I don't know who would be crazy enough to hold into earnings next week after such a monster move. BSQR has gone from the $6's to the $12's in a month. It's going to take one blockbuster quarter to send it higher. At least that's what normally happens. With the Nasdaq at record highs, guess we can toss logic out the window. I still wouldn't want to hold into earnings. Q3 revenues & earnings will be similar to Q2 imo. Earnings maybe even be down a little sequentially. Not sure if that will be much cause for excitement, but the numbers will be up nicely vs. Q3 last year. I'll be very curious to watch this one into earnings.
