Incredible28 Oct 2020 15:08
I have been observing the various chats on this board for some time now and there are a number of points that spring to mind.
1. Investing in shares is a risk and you may not get back all that you invested.
2. It is very easy to blame the CEO or other executives for the performance of the business but any sophisticated investor will tell you that the value of the shares will also be reflected by general market sentiment along with a host of other factors. Calling executives names is childish behaviour that one would not expect from grown adults.
3. Bidstack is sill a young company with, in my opinion, a good, if not excellent future. It is the first to create a means by which real time advertising can be inserted into games. The technology is young and, in my experience, the platform will need completely rebuilding from time to time to take into account new technology being introduced by games producers, to scale the business further and various other factors. This will all mean further investment which will require either taking funds out of potential profits and/or fund raises, and/or seeking R&D grants.
4. Because this is an entirely new concept, it needs to overcome luddites in the gaming and advertising worlds in order to gain a serious foothold. Again, in my opinion, the business has taken an exponential step in this direction but there is far more to be done. For example, how can Bidstack work with the developers of new games in order to maximise advertising space and therefore mutual revenues?
5. If you're a day investor hoping to make a fast buck, good luck to you and no reason why Bidstack should not be a target due to its volatility. However, the majority of adverse comments on this board appear to come from people that have been waiting for some time for a turnaround in their fortunes. Again, this is an early stage business and very many early stage businesses never come to anything. Few technology businesses, even with a totally new and innovate product or service ever make it. If you want a safe haven, invest in bakeries, not technology companies. If you want risk, don't expect the uptick to happen overnight.
There, I've said my piece which will no doubt rile some people. Personally, I don't care. What I do care about here is constructive discussion rather than insults and speculation. I'm sure I'm not alone.
Finally, yes, I have an investment in Bidstack. A sum I can afford to lose but also one that I would prefer to do well over time with no expectation that I'll be moving to Monaco in tax exile any day soon.