Very well could be the MoviePass influence. That's encouraging as the first quarter 10-Q shows they have revenue sharing agreements with the movie production studios.
Plus, that 2 movie title limit should certainly encourage even more of the movie-a-day subscribers to cancel quicker, further accelerating the reduction in cash burn.
As I've mentioned before, Yahoo and Facebook are killing it because of the power of very targeted advertising. Looks that's exactly what we have here for the moviegoers.
Not sure where the bottom is in the stock price but I'll put another small toe in the water tomorrow.
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