Made money on it. Bough mid $1s off a mates tip and sold about $2. Watched it climb in hype to $5. Strongly advised a mate to sell once tide turned a TA looked real bad (~$4). Once I clearly realised it wasn't the next big thing I started posting sell sentiments on HC (around $2.30). The data the have is d and updates rely on scrapping which I am not bullish on as the courts set precedents as companies get caught.
I stick around because I was right with my predictions but also as I sadistically enjoy really bad irrelevant post (such as those on alexia ranking which has relevance to this business model) and those still wanting people to listen to them and their opinions despite them incorrectly being bullish since it was 10x the price it is now.
It's a business with poor sales, huge expenditure and low sales. Cash in bank only means the can survive a bother year or so before they tap the market again. If nothing material occurs in 2017 then it will be a butchery when the CR announcement is released.
I've moved sentiment to hold as this little period of excitement plays out but I predict in 12 months the SP to be <$0.20 still.
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