All this business about 1m sales, active users etc Does anyone know the predicted release date in that report? We may already be playing catch up on timing (6m behind) and it may assume a multi platform release. Just saying
The financials may show revenue , but what of that is actual revenue from downloads will be small. It will be packed with partnership income to give it a lift until this flys.
The MMs can get me all they like , I’m in it to the end game. Re the financials for anyone expecting something good run now. The financials are just a snapshot at a point in time . For us the wrong point in time. Price is on financials 2020 please.
Maybe or will be (other platforms)23 Jan 2019 07:44
Will be 1) management will have just reported will be
May be 1) commercial leverage / opportunity to do deals with other platform 2) management may decide not to (unlikely) 3) Facebook may extend exclusivity period 4) Facebook may just buy it
I’ll go for 1) or 3) 2) suggests lazy management 4) would support s big fish buying in at round about 16p last year.
So 1) frustrations answered about release of melody on other platforms. FB have first bite of cherry but exclusivity to Occulus lifted after this launch. Positive as will benefit from quest marketing and then free to launch on other devices (unless bought out). 2) for those saying quest is just a gaming machine , FB want to launch this app (updated) on their Stella device. 3) new functionality developed for free 4) eggs in FB basket for initial period (I.e likely one year since app launch) 5) pressure on fb , before release to other devices 6) this all smells nice and good management, but people will find negatives im sure 7) this gives investor clarity re Issue of release to other platforms, currently we can’t but think of interest and marketing weight of FB
The same buying are the same people sold this week. Investors have their positions. Desperate to flush movement . Only news will do that naturally. Fake bottom though.
Another trick is when this does well investors will be pleased to get their money back and miss the rise to the stars. The big revenues are seasonal / specific events . January is the time for tricks .
It’s no coincidence that a flurry of negative activity on here normally followed by news and an increase. It’s a war of attrition, how low will they take it to get your shares. The only buys and sells are from traders wanting to bear trap investors. Those in are probably staying on until it’s boom or bust. All other movement is low volume or wooden dollars . They would be better taking price up to entice new investors on a wave , not going low to rob the already poor.