High Frequency Trading Basing on BBVolume studies show BB seems to have based and now seen climbing from recent lows, as price fell so to did Volumes leaving less opportunity for Sell trades to happen say on one exchange and Buy on the another... the HF exchange profiteering appears to be drying up as exchange price differentials expand.
The trend was a price spike on significantly Higher Volumes followed by price declines on reduced Volumes where we find BB today.
Price spikes have generally occurred on news, allowing for truth in the addage Buy on Rumour, Sell on News.
Well, under the old management many media releases on new business relationship that had yet to produce significant if any revenue.
It is the sheer lack of revenues holding and in fact driving price lower, thus the current condition seems, once again, an accumulation, setting up a December make or break date.
The X c e o drove this action though his inability to monetize BB investment with continued promise of more revenue 6, 9 or 12 months further along, second half of the back half of the year statements. The Rumour / News cycle fed by the X c e o not only staggered but stunted shareholder value.
Expect, once again in the near future, Volumes to once agin pick up as the earnings report prior to the holiday break in December with the expectation that finally the down trend will finally break... this is the signal The Streets have been waiting for coming onto 6 years.
Once the withering 6 year long Short trend has broken, the expectation, in 30 days the signal for HF to reverse course allowing for a Long trend to set up with confirmation in the following quarter at year end reporting March 2024.
Revenue uptick reporting in 30 days and confirmation to close Fiscal 2024 in March will drive BB to long overdue higher Highs and a march to close the gap to peers like CRWD that is now 24x BB or actually 72x based upon valuations when Cylance was acquired and CRWD IPO's.
A confirmation on trend reversal shouid send the HF into a frenzy from current 3x on $2B and December close out in a range of 9 to 12x. Come March, with a revenues reversal finally confirmed expect price growth toward a 24x or greater as the markets correct BB as it sees, finally, a monetizing of the media hype created by the X c e o and former Marketing guy Wilson, now Imperium Manager.
The BoD stopped selling their shares 18 months ago, signaling the long over due revenue reversal.
The call: 9x on positive Q3 revenues and a blistering Fiscal 2025!