Folks, leave fundamentals out the door. Trade the momentum BOTH WAYS
At $7.99/month and 0.13 EPS and only $9M profit news, the mkt cap goes up $3B or so. Sure, it is most irrational and illogical but it is what it is and it is here, it is reality.
It is a bubble, and bubble can get 2x bigger, or 100x bigger before collapsing and crashing completely into the ground. There is NO fundamentals to look at with such stocks. You have to trade the direction MMs wanna play it. Buy the dips or buy CALLs at the dips, and buy PUTs at the severe spike ups and sell them at the dips, rinse and repeat. play both directions, throw fundamentals out the door