Used to be that I would feel very bullish after hearing Evans talk about growth, and throw out stories of how everyone is blown away by our tech on a podcast.
Davinator reminded me of how Evans was exactly the same way in the Q4 earnings call. Right after we laid an egg the following Q1. 100% retention. Great. Everybody is clamouring for the product. Awesome.
Evans will sing the praises of the product all day long, and that "any day now, the lid will blow off".
Heck, he may even believe it.
But we are at what, five or six consecutive quarters where Evans has indicated we are a quarter or two from our "rocket ride"? Down as low as 47 cents.
The terminally hopeful, like Golden and the gang, will keep blindly believing everything Evans says, regardless of how few measurable facts have been presented to corroborate his claims.
Once again, Evans goes on about his "I don't want customers, I want advocates who will spread the word" song and dance.
Advocates are not signed contracts. Customers are. Advocates are usually tire kickers who don't have a budget, but "maybe next year". Signed contracts are revenue. Increased revenue raises share price.
As they say on the stock floor- "it's about the SP, stupid."