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Re: Need4speed post# 23215

Monday, 08/10/2020 11:52:34 PM

Monday, August 10, 2020 11:52:34 PM

Post# of 41920
Looks like more bot-type posting on Twitter. Makes me think there is some sort of a pump coming, in addition to whatever else the market will do before and after earnings.

There was a ~couple week period in July during which some gigantic t-trades, apparently buys, were being posted practically every day. The two leading theories to explain this were buyback or MMs loading the stockpiles. General sentiment seems to be that no repurchasing has occurred (yet). If so, it seems plausible that MMs, having had ample opportunity to load up on shares in the mid .00s, are now incentivized to let this run and maximize their profit from the accumulated inventory.

Throw in decent revenue/earnings in excess of billings/AR growth reported in the next 10-q and all of a sudden BBRW would be perceived as a great, emerging opportunity again. People overlook that, essentially, the investor credibility gap is the result of one bad Q. The 1H20 dream of BBRW was built on revenue growth; one $2m quarter would = 400% Y/Y run rate annualized, which could very well result in people going bananas.

Points being I don’t think it’s that far fetched and I see more and more forces aligning long here.