nice post , he did just go on a ride with rfn from around .39 to 0.51 , great call by the way .
Your opinion on the below would be a appreciated , your calls have been pretty good of late .
Have many of the larger funds sold out of this ? that could of been a reason of the very flattering sp estimations , so they can get out at a higher sp ?
Do you think the below is a major reason why this has been sold down so hard ?
1-Page, which is a Silicon Valley-based company that provides cloud-based human resources from a software-as-a-service (SaaS) platform, said it would ramp up its spending during 2016 compared to 2015, lifting cash burn from roughly US$1.3 million a month to around US$2 million a month. Most of this (45% to 50%) will focus on sales and marketing, with 35% to 40% on research and development and the remainder on infrastructure to support the business.
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