RE:Thanks for the cheap shares ....At this point Moneyday, I have to believe you are just trolling the board. If you think there is ANY chance that all new users will rent 2 movies per month... you've got to be crazy. Im guessing 50% of new sign-ups will rent maybe 0-2 per year, and then if we are lucky the other half might rent 5-8 per year.
Just because people sign-up for something and download it does not mean they will be active users and start throwing money. Unless you believe that everyone playing candy crush is paying hundreds of dollars in micro transactions.
I will still hold my long position, I have an average cost of around 20 cents or so.
We need Fast mobilization on to all-device streaming and we need an international launch, and we needed them 24 months ago.
IMO, bring in some new management and give this company a culture change.
GLTA.