Can't be held down for long

[admin]

$4.60 pre-market, looks like the fun is starting in earnest..

[Cann]

9M shares traded in the first hour of trading, lots of new buyers..

[admin]

9M shares traded in the first hour of trading, lots of new buyers..

Yes, pretty amazing, we're now at nearly 15M shares with almost 4 hours of trading to go..

[admin]

A little downdraft today, we can't go up in a straight line forever without the stock absorbing these gains from time to time and consolidating. At five times sales, the stock is far from expensive for a CPaaS platform (communications platform as a service, if you must know..).

[admin]

To maintain some perspective: only a week ago $5 per share would have been seen as pretty awesome..

[Cann]

To maintain some perspective: only a week ago $5 per share would have been seen as pretty awesome..

And the shorts, who might very well have engineered this sell-off, will have to cover at some point..

[Cann]

Damn, we're up only 240% this year, LOL

How about that for perspective..

[admin]

Cann
Shorts are good (built in buyers) lov'em

Looks like the 42 million shares short on my ZIOP are going to have to give themselves a good talking to. 26% of the float.

What's ZIOP stands for, Mike? The latest short count is 9.36M and that's from the end of February.

[admin]

ZIOP the stock. Nothing to do with TEUM but a lot to do with short sellers pushing their luck.
https://www.finviz.com/quote.ashx?t=ziop

Very similar trajectory this year, their short count is significantly higher though at 26.5%.

[admin]

A little shaking off the tree wiping out a few days of gains. A week ago this stock traded at $4.50, one has to be able to deal with this volatility as we have some shorts that are deep underwater and they will try to get out from time to time, usually when some others take profits after a tremendous rally. 

You can try to time this volatility, you might even get lucky once, but good luck to the people who try this consistently..

We simply take this in stride, we're not worried about the price next hour or next day (or even next week). What matters to us is what it does next year. For that, we have the company fundamentals and valuation as guidance, which are pretty supportive..