I guess knowing your numbers is very important in most things, so I have tried to learn from your knowledgable experience and deductions. I have deducted that you have specialist insights and are in some ways competitive with the MOKO model, which is extremely helpful in balancing views in this forum...so thanks in advance.
So this is how I understand your numbers and comments and why you have such a strong negative view.
1. Todays US volume is poor @ only 35,800 versus the 50 day average volume of 1,126 (that's US volume = x100 for AU comparison)
2(i) 52 Week High $ 8.75 - today $5.94: 5.94/8.75 = 60% (not 68% as per my calculator) but I think the relevance of this important information that you have uncovered and highlighted is above my comprehension and skill set.
2(ii) Todays price set reached a very weakly supported high of $6.98: 6.68/8.75 = 80% 52 Week high...still not sure of that relevance either, but just though you may have accidentally left that number set out?
2(iii) A 50 % retracement from 52 week lows is very bad.
3(i) Tagroom / Alexa decline absolutely correct a 6.7 % decline is nearly as tragic as Buzzfeeds 8% collapse so I can see where you are coming from, and absolute dead set sell signal, especially when their search traffic is only up a measly 17%.
3(ii) Dubious: "Moko's claim of .."currently reaching over 3 million fun, down to earth, life-loving individuals every month is some what dubious with a certified Alexa ranking greater than 100,000. I suggest more likely less than 1 million unique visitors a month" We should be paying for these observations as indeed you are nearly on the bullseye as stated in MOKO's last report re Tagroom: yes they do indeed generate 1.1 million MAU's off an approx ranking of 100,00o on Alexa. But once again I give way to your superior application of the numbers and their meaning, but I promise I am trying to understand..(apologies... I am just a bit slower than you)
4. "None of the other properties seem to be gaining viral status as yet." I will have to take your experienced lead on the use of the word "seem" based on your expertise and grasp on all of the above.
I cannot obviously speak for the other contributors here in this forum, but I certainly have learnt a lot from your post here, and on how you have deducted a negative watch and a sell recommendation on MOKO. I think your analysis speaks volumes and sets a new clarity on why we should sell this company immediately, my biggest mistake was not understanding your interpretation of the information and numbers...thank you
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