RE: Tomorrow1 Jan 2020 17:52
Institutional buyers will lift the SP and hold it at a higher level
Institutional buyers need a tangible metric/standard they can justify to buy a small cap
Download / Adoption number is the only standard and it’s going up. Not going to moon but against what’s spent in marketing- the numbers are decent for a very new tech in a very new market.
Everything else the company is doing to establish this new business in new market can be debated as afterthought or hindsight for which neither of us get any prizes and equally Board doesn’t lose repute for making mistakes with right intentions.
Any institutional buyer or Gore like industry giants who are aware of MVR game plan are already in.
Until full blown Marketing is switched on, depending on when it’s the best time, Downloads won’t go north too quickly and TIL then other institutional buyers won’t come in.
Google and Apple have already praised the APP - so no need to think twice about it now.
It just won’t happen when we want it to happen.
It will go up without obvious news and obvious factors and it won’t make sense when it goes up.....that would be cause of institutional buyers in the background.
Lower your own averages forget Gore, he doesn’t give a toss about your money either