Phunware Inc (PHUN)

[candeloro]

I stay with that.
Look, I understand a good trade and by no doubt that was a nice dead cat bounce and all that traded it, congratulations!

But it still will reach 1US$ before 15 US$

This company is telling a story and too many (new) investors pay money to be entertained by a story than earning money.

This company could not earn money for 9 years in their app business.

Now they throw in the buzzword Crypto (althou they do not even have a coin offering) and all is well because they managed to get listed on the NASDAQ by a expensive merger strategy.

The highlights are things like the WWE app, which was a case study for Wrestlemania 30 which took place in 2014 and for 5 years they could not get a follow up contract.

Ask yourself and friends, who is running a PHUN app on their phones and who gave them personal information that they want to commercialize.

It is a startup of which you have literally hundreds in silicon valley if you only know the surface of what is going on there.

They tell you they have a great platform that has the ability to market your personal mobility information.

Just check out their own apps:
https://itunes.apple.com/ca/developer/phunware-inc/id328865603#see-all/i-phone-apps

Just click on some of them to get the reviews.

Impressive, isnt it.

I really do not understand, why people that could cash in 100% on their trade do not take that money and move on to the next trade instead of marrying this company.

In June you have all the shares coming off restrictions an that is when investors will make money, millions of shares coming to the market. Over 11.50 US$/9.25 US$ all the warrants are profitable then as well, another millions converted.

PHUN will not see 15US$ in the next 12 month.