Wednesday, September 24, 2008 6:24:21 PM
Traderfan,
Bloomberg has already written all over their website that they have 250,000 subscribers. I have also read that it costs $1800 per supscription. They also say they will lower the price to $1500 per subscription if 2 or more are ordered. But nothing lower than the $1500 (pro edition).
IMO, we don't need to know about what they are getting for their subscriptions. All we need is a starting point as to how many folks they have currently having subscriptions. We can then possibly look at penetration rates into what Bloomberg already has.
Now with that said, at this point it really doesn't matter if SPZi has sold 10 or 10,000 subscriptions. Of course it would be great if we sold 10,000 as the PPS would instantly jump. But what I think is better is a lower # of subscriptions with folks wanting more and more as time goes by.
If we can show a history of demand by a company like Bloomberg, what do you think other brokers will do? Now we don't know the exact # and that's great right now. This may keep the flippers at bay. Every time they flip, let's hope their shares land in the hands of a long term shareholder.
Then let's hope Paul is buying back shares along with another deal or two before the year is over. This will give us a snowball effect and as we rise, we create a stronger and stable base from which to build even greater PPS levels.
I know folks want a penny by next week. But is that's what is best for the share price? I think it's better to move up slow like we have been moving. Take a look at ClayTrader's video. Let's keep building the steps.
AIMHO,
Boca_Bobby
Bloomberg has already written all over their website that they have 250,000 subscribers. I have also read that it costs $1800 per supscription. They also say they will lower the price to $1500 per subscription if 2 or more are ordered. But nothing lower than the $1500 (pro edition).
IMO, we don't need to know about what they are getting for their subscriptions. All we need is a starting point as to how many folks they have currently having subscriptions. We can then possibly look at penetration rates into what Bloomberg already has.
Now with that said, at this point it really doesn't matter if SPZi has sold 10 or 10,000 subscriptions. Of course it would be great if we sold 10,000 as the PPS would instantly jump. But what I think is better is a lower # of subscriptions with folks wanting more and more as time goes by.
If we can show a history of demand by a company like Bloomberg, what do you think other brokers will do? Now we don't know the exact # and that's great right now. This may keep the flippers at bay. Every time they flip, let's hope their shares land in the hands of a long term shareholder.
Then let's hope Paul is buying back shares along with another deal or two before the year is over. This will give us a snowball effect and as we rise, we create a stronger and stable base from which to build even greater PPS levels.
I know folks want a penny by next week. But is that's what is best for the share price? I think it's better to move up slow like we have been moving. Take a look at ClayTrader's video. Let's keep building the steps.
AIMHO,
Boca_Bobby
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