Wednesday, November 18, 2020 4:27:59 PM
Not denying anything as obviously no one can prove that but that seems incredibly petty and unlikely... We are not going to see any new buying momentum here until new fins, 8ks, or pr.
It was nice to see that 850K wall get ate up that was a really good sign imo...however, whoever bought those shares could be trying to play the same game!
I think we were all optimistic that this would start trending up but it seems like the same game is being played but on a smaller scale with 80-100K walls being propped up. That is still progress IMO.
I am yet to see any info that changes my opinion on the direction or fundamentals of SSFT. The price action here is definitely shitty but it'd be a stretch to say the company is shitty as well....
As for PPS its pretty clear the company is not checking the PPS as often as we are lol. The silence here is not clearly negative or positive as they could be restricted in publicizing any details of their work with FIS / GOOG.
In regards to a buyout the value of the company would scale exponentially as they increase their revenues and exposure in the AI space, so why would they be so quick to sell a company they have built over 10+years as soon as they have begun gaining traction with such huge names?
In my humble opinion nothing here has changed but the PPS (unfortunately) I still believe that the company is genuine in their ambitions to up list to a more senior exchange, and I believe the next pack of PR / 8Ks / Fins will either confirm or deny the thesis. Risk to Reward here is too appealing not to play.
This will continue to be the most interesting ticker on my watchlist. For now ill be holding & accumulating at these levels.
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