Sentiment20 Dec 2019 12:23
Its interesting to read all the different takes on the current situation, with a lot of subjects covered, including tweets sent at certain times, JD`s honesty, time slip on revenues, the silence (which was announced very clearly many weeks ago) etc etc...
But nobody seems to talk about sentiment, its a very strong driver in the stock market arena.
The bigger investors, whether it be the Funds companies or high net worth will not have read any of the bun fight on here, they`re not interested.
All they will be doing is they`re own due dilligence on whether this company has legs, and part of that equation will be `has sentiment changed`.
Well it has for some that sold, but if you look at the bigger picture the plan is still progressing as it was...well planned!
The timeline for the juicy revenues slipped, which is understandable for a young tech company operating in an entirely new sector of advertising, it all takes time, but the big players in advertising and games got confirmation yesterday that the Bidstack technology works, its a win win win situation for the 3 main participants.
Sentiment will be towards future growth in the share price, from this low level, and from this new starting point.... (post building the platform) with the deals and partnerships already known, including the Pubguard aquisition by the way, which was a very important move don`t forget in safeguarding the security of the tech.
The risk reward ratio of taking a position here now at this low point surely carries a lot less risk than those buying at a higher price without knowing what the update would bring. Guilty as charged.
But that will soon be forgotten as and when new deals are announced.
Sentiment will be a strong driver in the Bidstack story, and as belief grows with each step in the right direction from now on it could be a very strong driver.
The sp is back where it was at the end of last winter, but the development of the business has grown exponentially to the point where it is now unrecognisable to what it was then, lets see where it is at the end of 2020.
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