Replies to post #927 on Phunware Inc (PHUN)

[candeloro]

A happy easter to you as well.
Family and friends come way before money and business!

And to mae it clear:
I do not directly blame representatives of PHUN.
You have been taken advantage of as have been the retail investors.
The problem is only for the professionals you will have to recover the trust.


And I agree with you on T+2

But for the sake of argument, what would have been different for the retail investor.

The price per share lets say 26 US$ would have gone up or down a bit depending maybe on the whole market.
Then 2 days later when legally without question T+2 would have been honored selling would have started in the same amount as shorting.
So for the retail investors the path down to the break even point of the cashless exercised warrant holders (around 4.50 - 5.50 US$?) would have been the same.

The selling could not have been prevented.

[HokieHead]

Very nice response. There are two things you posted that have me continuing to add on pullbacks for a long term hold.

We encourage an active two sided and fair market. We also work hard to support longs like ourselves as those betting against us are not our friends. It is acceptable for those doing that to make those bets. We just want to ensure that their bets are wrong, and painfully wrong at that.

and

This investor list includes Samsung, Cisco Systems, WWE, PLDT, Firsthand Technology Value Fund, Fraser McCombs Ventures, Maxima Ventures, Wavemaker Partners (Draper Network), Khazanah (SE Asia Sovereign Fund), BlockTower Capital, Wavemaker Genesis, Tether and others.

Long term winner, just need to clean up this selling pressure and get some analysts to start covering the company.