Helx, whilst you claimed you have mentally written off your alleged investment in Bidstack, you obviously didn't mean it. You don't seem to be able to stop reading about and commenting on the company. Seeing this, I now i know what they mean when they talk about people falling in love with a share, it's quite sweet really. Good on you.
Think you have summarised well why i'm still invested here too, Holdlong, together with the repeated statement of their confidence in hitting target. I just don't see them making the same mistake twice.
It's much better anyway that the share price increases as tangible, material news is released that will drive future revenues, than being pumped and dumped on hype.
I hope that Bidstack make sure they explain how each piece of news will contribute to growth to help the market value the news. Too often you see the market struggle and lets remember this is all new, there is no precedent.
Thats ultimately going to be what matters for a growth stock: the trajectory and speed of growth, and all eyes will be on hitting the revenue target.
Can't answer my question Helx? All talk, no substance as usual. You have no idea what has been happening behind the scenes in H1. No idea about what's coming up. And no idea about what you'd do differently. Completely clueless.
Ok Helx, so let's imagine you become CEO of Bidstack. Other than addressing the resulting massive sell off of shares, what would the top 5 things you'd do for the first 180 days of your tenure? Tell us how 'the business should work' as you seem to know a lot about it. You're allegedly still a shareholder through thick and thin, and a business expert, so you must have some innovative ideas.
I think there are a fair few people feel like that, MPBLifer.
This is just my view, or gut feeling, but I think the business probably has the target for this year in the bag already. My guess is they have one or two big games which can't yet be announced, and commitments from agencies for spend in those games, and that revenue will be recognised in Q4.
After last year I just think it's inconceivable that they would express such confidence this year, multiple times, including in RNSs, that they will hit this year's target and that it will be significantly back end weighted. It seems to me something is already lined up, and you can have a good guess at the types of games based on descriptions of businesses they have said they are working with. There is no way IMO that it's just organic growth of what they have been doing year so far.
Yes, I could be completely wrong, and it's always possible whatever it is could get delayed or fall through. But I think there is very, very good chance of strong newsflow over the next few months and that the share price will react strongly in response.
Ultimately though there is very little to go on right now. You can either see the current silence as an ominous sign that history will repeat itself, or you can see it as an opportunity to buy at the bottom and potentially multibag. If we knew the news already it wouldn't be moving sideways at 4p odd.
JD alluded a week or so ago to looking forward to revealing whats been going on 'behind the curtain'. I know some will scoff at that after the infamous 'toast' post, but nobody can accuse him or ramping this year, quite the opposite in fact. Their activities have indeed been mostly shrouded in secrecy.
Will they deliver, or will history repeat itself? Pick a side by all means, but have the grace to recognise that we have very limited info to go in and it's entirely possible you may be wrong. I do.
I think its ok for people to discuss what is possible, Girdz. It's kind of the point of a bulletin board, to discuss what has happened and what will happen. And there are enough people fixated in the past.
If Bidstack are to have a strong Q4 then it's reasonable to expect significant newsflow during August and September. Time will tell, but it's delivery time, no excuses.
Not as immature as telling porkie pies that you have mentally written off an investment, then obsessively posting negative rubbish about Bidstack at least three times a day. If you've mentally written it off why do you think and talk about it so much?
Yes, think I know the song Helx. "Too many people take second best, but I won't take anything less, it's got to be perfect".
Presumably your version would be "too many people invest in companies they believe in, but I invest in companies I think will fail, its got to be that I'm stupid"?
Helx ... the man/BB creation who has 'already written his investment here off mentally' but posts about Bidstack multiple times, every day? Seems like it's on your mind an awful lot.
Sell your shares and book a nice holiday. Can't be fun being Eeyore all the time, so stop being a donkey. Leave the rest of us sad bidloozas here with whatever newsflow comes our way in H2, we'll cope.
Unless of course you have a massive case of FOMO when it comes to BIDS and you're afraid to push the sell button. Sure seems that way.
My point is if Helx believes the share is going to fall in value, all he has to do is pick a share that will deliver zero growth to outperform. If he really has conviction it will fall further then sell up and buy elsewhere. Or short it. As far as I'm aware he isn't locked into his shares and nobody has a gun on him forcing him to remain invested.
This share has dropped massively, but also has the potential to bounce in a bug way with good newsflow. You have to make and own your decision based on what you believe. If you genuinely believe the company will fail, its plain stupid to remain invested. If you really believe the company will deliver this time round then you can buy in or hold.
But to say almost daily you believe it will fail and remain invested is insane, and some would say somewhat hard to believe.
What shares do you think will do better than Bidstack this year, Helx? There must be some?
Have you considered selling up and investing into a share you think will grow in value, rather than keep holding a share which you have such strong conviction will fall in value? Contrarian investing against market sentiment is one thing, but investing against what you believe yourself is ... unusual.
I think key to H2 is in the statement at the end:
"We are continuing progress with a range of content developers to construct the depth of supply which will enable us to fully exploit the demand we are starting to generate."
Together with being able to buy ads on the open market.
More of the same in H2 would leave them materially short so we should expect news of something materially different happening in relation to games and ad placement.
At the top end of what i was expecting for H1. And ahead of danielralph's 198k prediction and Helx's 19.8k...
Hopefully James will do some interviews off the back of H1 trading update to elaborate and talk about h2.
A big well done to him, and nice to see a bit of thinking outside the box. Hopefully can also share a bit of what it's like being an a shareholder on the outside, to those on the inside too. I think a lot of the anxieties people are expressing could probably be put to bed with some careful updates, without losing competitive advantage.
'looser'. What a giveaway.
The idea that Bidstack could end up in court as sime kind of an accomplice is hilarious.
Can think of some creative ways that the likes of Sensible Soccer, Pro Evo and numerous other games have got round the licensing issue over the decades. Manchester Reds etc.
Games have always found a way around it as would SI.
The fact that officials at Man Utd have in the past requested the game data for scouting purposes, and they've not complained for the last 18 years, isn't going to help their argument over SI not using their logo, which even their lawyer acknowledged was 'somewhat novel'.