RE:RE:RE:Looks like another nothing day ahead..Yeah. Well to be frank they have said they are going to do a reverse split when there is a transaction. The consolidation requires a shareholder vote and usually these things are combined at AGMs, so maybe they are working on a nice transaction (acquisition?) before the fall. They have also said they will become a microsoft managed partner shortly. That could be the big event to get the stock moving on big volume. No microsoft managed partner should ever trade below 10 times revenue. Private Equity will be especially sure to correct this valuation gap and quickly if the stock does not revalue on this prospective news.
The next few quarters should be newsy it sounds like with partnerships and customers. As long as the user growth keeps scaling that's what should keep moving the stock up. Volume has been low, some robust buying activity from strong hands can easily move the needle up in a significant way and then momentum buyers would take it higher into the 30s where it belongs right now.