You seem to have it completely backwards. Delta is effectively rewarding its most profitable customer base
If you picked the correct powerball numbers as the winning ticket you would have won too. The street doesn't care what you think or hype up. They voted collectively and as a result MM crashed. What happens from here remains to be seen. The major players who can buy MM don't seem too interested either.
I didn't look. I try to stick to what direction a stock is likely to move? It's clear Jumptap alone won't solve MM's issues $230 million later. MM seems to be struggling to put the pieces together behind the scenes. Lots of patents but where's the great profit translation? That's wonderful MM has algorithms, data, programmatic technology, RBX MMX exchange. FUEL has the brains to sum it all up in 2 appealing words: "Artificial Intelligence", the street LOVES it and CLEARLY "gets" the technological advantage in this cluttered and fragmented space. Also what major players capable of buying MM even care it exists? The street doesn't care either. Seriously wondering have we seen the damn bottom yet?
Put another way. the 50% growth from jumptap since the acquisition has resulted in a share price below $6 to date. The street has observed all MM has achieved, and then the street has spoken which is the only thing that matters. This outcome isn't new for MM
I'm talking about REALITY. Doing very well? Very well? Jumptap was a lifeline for MM as a company. Q4 is the strongest quarter. Hmmmm MM is doing soooo well let's under perform and lower guidance in this exploding space.
They will "build and acquire" in a desperate effort to gain market share. It didn't work with Jumptap. Shares will become further diluted. Top execs will reward themselves with free or nearly free shares along the way. Looks very much like MM's only real sound snowball's chance in hell to achieve anything meaningful in the mobile space will HAVE to come by being bought by a stronger player.
Remember Jumptap was the secret weapon. Well it's ammunition was NOT powerful enough. MM is DECREASING while this industry is exploding. 2014 is the explosion year for mobile. Cheer for the guy bringing up the rear?
CC was the same BS. New CEO sounded artificially enthusiastic. "His position is a win for him personally". PP still lurks in the shadows and is on MM's paid consultant payroll. Same old talk it's coming, it's coming, mobile is growing fast. MM cannot execute effectively and the street has totally written MM off as someone picking up the rear in the mobile space.
Better consider what you're holding. CEO's plan is to build and acquire to gain market share. Building takes time and money. Acquiring takes time and more money. Neither option is good for shareholders. This industry is exploding while MM lowers forward guidance. The shares the top management continues to hold were acquired free or nearly free. Hold on to this ship? The storm has made the waters very rough and very risky.