Mail from Dave., page-4

aha and this hints at precisely my concern - well point really - concern is too strong a word

Note- the comments about the response to the Facebook Parse deal being strongest market response - and that more business critical advances are being missed

What the Parse deal spike tells you is that algos, daytraders and retail brokers are pumping the stock for short term wins then selling it asap

Whereas when you develop a strong insto investment thesis what you see is a groundswell in growing volume with relatively little price shifts, until the thing breaks out - you see new 5% neveficial ownership statements lodged by funds and so forth

In my experience, most IT execs are used to the 2/3rds of the equity cycle when the Nasdaq is roaring and so stocks roar through whats effectively much more retail/daytrader set of supporters - and the general heat in the sector keeps stock prices rising

But when that broad 'IT risk on' appetite disappears - as now - then the tech stocks tend to collapse in a heap because their support base post seed is primarily retail and short term traders.

But BUD is a business ideally suited to the longer term more deliberative small cap fund manager investors - but to this point it would appear they arent getting told the story in a way that they can hear it.

like i say - build a good business - which is what Dave wants to do - is always the essential primary job.

But hes the one whos disappointed in his share price. Im simply replying to that point - and pointing out what I think he is missing.

Ive spent 20+ years working with groups in this area - so I;ve seen more than a few varieties of this