I think Instos know that, this week may be savage, as they try to sell down as much as possible. I may buy another parcel at the end of the week, but in the mean time what are people expecting from the qtrly?
I would say i'm predicting around a 3-4m cash burn with a 600-800k revenue, and if thats the case, then i would be very happy to hold, because i think the market will see the increased revenue as a confirmation that this business is viable and could be the first sign that we are on track. If the market thinks 1pg is on track for a viable business, then watch out, this could sky rocket.
Would like to know what people who are selling are predicting the Qtrly to show? or people who are selling are purely traders on momentum?
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