Well, you are an idiot.to say the least.
Calculate VWAP using the following steps:
• Pick what period you’ll use as your input, 1-minute price bars, 5-minute price bars, etc.
• For each bar take the High + Low + Close and divide by 3. This gives you a “typical” price for that period.
• Multiply the typical price of that period by the volume for that period, to get the Weighted Price.
• Keep a running total of the Weighted Price, as well as a running total of volume as new data becomes available (a period ends). These are called Cumulative (or Total) Weighted Price and Cumulative Volume respectively.
• To get the VWAP, divide the Cumulative Weighted Price by Cumulative Volume.
Let's see what Mr. Market will make of this
Q2 might be good but I am wondering what will happen to Q3
Well, finally you got the math right. The reset impact has been already felt the last 10 days I guess so I don't think there will be much further pressure as those additional shares issued will be mainly used to cover short positions opend during the reset period.
I would expect some additional pressure from the converted debt obligations.
I would expect virtually all of the shares from the latest offering to be used to cover short positions opened by the buyers of the offering during the reset period so the selling pressure from the offering has already occurred.
Well, it does mean that they will restructure their debt in bankruptcy proceedings pretty soon. Alvarez & Marsal are chapter 11 specialists.
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.
Will see if that holds up
Sequential user growth:
Why should it squeeze ??? Earnings are very poor compared to last quarter or even yoy growth rates...
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.
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.
Obviously it is a giant gain given that I shorted around $2 this morning (see post below). Just another great call here
Well - you shouldn't ignore the looming secondary offering which obviously is weighing on the shares here.