Obviously it is a giant gain given that I shorted around $2 this morning (see post below). Just another great call here
qoq member gain of only 600k (just 6%) looks pretty alarming especially as the company has NOT cut back on marketing spending. YoY revenue increase also at the lowest rate for the last five quarters.
Stock should trade substantially in the red as the future doesn't look pretty for the company. Without further investment member growth might stop entirely only a few quarters from here.
nonsense - these is in fact the worst set of numbers the company has reported for five quarters adding just 600k new users and revenues are up just 30% yoy.
Why should it squeeze ??? Earnings are very poor compared to last quarter or even yoy growth rates...
Sequential user growth:
Will see if that holds up
The press release already gives a hint to a weak next quarter as the upside was only a function of order timing. Shorted big time in pre-market for an expected guide down.