You longs got the shorts for now, I'll keep rolling puts..
But it won't be long before the deceleration across all spectrums of the company take place, and your beloved analysts' realize they can't polish the turd for to long and bail. Look... the insiders already are, they can't dump this #$%$ quick enough.
The deceleration has already occurred in all aspect of this company.. growth is down, churn is up, they are losing money (I just cant get over how those three things are not enough to sink this).
I think they are now intent on not running out of cash. Wouldn't be surprised if they float the idea of a secondary in the ccall as if they don't get more cash the growth rate will be negative by this time next year or bk will be inevitable.
If they do manage to wrangle a secondary then this charade could go on a few more years I suppose. This company smells bad no matter how you look at it (not the least of which is it's just a horrid company to deal with no matter who you are) but bigger piles have stayed afloat for a long period of time so guessing when this one finally sinks is a dangerous game.
cash flow "primarily from new sales commission schedule".. ie they are paying with stock instead of cash.. and they will dilute another 600k shares this 1/4...or 12mm in shareholder equity transferred to sales team instead of paying salaries.. how do they pull this off? ALso interesting that profit is no longer the metric but cash flow.. pretty easy to be cash flow positive when you pay everyone in shares.