There is no support for this stock. Management needs to do better job..stock price is their life line....
Bizzare...stock should be $4 to $6 at least
A new company like this should never have executives selling stock at low prices while they are raising money. It is a sign of lack of belief.
Great company cheap stock relative to most...but just plain stupid momentum investing and manipulation in this mkt...scary for future
It was just at $4.30 in June and has fallen over 65% since. The company has outlined a very good growth story and integration with Appia that will produce over $130 million in yearly revenues and positive EBITDA year 1 yet stock has been destroyed. I am not sure if Appia shareholders are selling their stock now that they have liquid currency or if shorts are just firing away while management does nothing. Any thoughts on the selling??
And between $33 and $28 for over a year and he downgrades it after it falls to $20 that is a pathetic no value added idiot. He should be fired for being a reporter not an analyst.
Shorts attacking NAV will soon feel pain
Business has never been stronger and they are cutting costs out of the combined company while they add some large new customers. There is a huge disconnect between the stock price and fundamentals. The stock has been cut in half since its earnings which makes no sense as the company had good numbers and is just starting the integration process. The stock is easily a double. I don't think it's the Appia shareholders selling being that they received the equivalent of $4 a share for their stock. Some short selling in the name but some weird trading last few days. The new Deals as they come on stream will take revenues to well over the $130 million estimated.
it is in the top100 chinese web sites and climbing....kankan will be billions
They will do over $130 million in revenues next year with Gross margins close to 34% or over $44 million. With operating income at $20 million with a 15x multiple you get a $300 valuation $5-6 stock at least
fact sharecare is valued at $950 million making Marks 6% worth $57 million fact you will lose your shiert being short this
Mark to $10
This is a great stock to own long term and even now its way oversold
They just combined with Appia and there may be a growing pain for QUARTER OR TWO BUT THEY HAVE JUST SIGNED A NUMBER OF HUGE MEANINGFUL CONTRACTS WITH LARGE TELCO AND PHONE COMPANIES AND WILL DO WELL OVER 4130 MILLION INN REVENUE. They have a number of ways to win with content and app downloading....THE SHORTS ARE ATTACKING THE STOCK BUY IT BACK TO $5