I think it amusing that some people (and definitely not all) who are bullish 1PG think that anyone who is not bullish is a troll, people not bullish profess to know everything (which is in no way true, I have no idea how it will play out, but I do focus on facts and probability) and I guess some bulls have a little chuckle at how silly the bears are on this (given the true believers "know" they are right) etc.
BTW - what do you put in hotcopper if you're short?? Held or not held?? Although I currently I no position and the position I did have was a long quite a while ago!!! Actually shorting these sorts of things is very tricky, until they really crack.
The bulls should be happy that bears (particularly ones who have no position given once you have a position either long or short it can impact your objectivity given the changed emotional state) post on hotcopper because if you can invalid their arguments easily it should add to the strength of your bullish thesis. Or maybe it makes you think about some of your bullish assumptions.
Who knows how this all plays out (this could be the 0.1% of small tech companies that dislodge or disrupt major players), but as previously mentioned the management team is highly promotional and has definitely got the share price to run (were they not as promotional of the stock and just focused on the business I am sure the stock price wouldn't be up here i.e. it is highly likely the stock price has run ahead of the fundamentals and who knows whether the fundamentals ever catch up). Whether they actually deliver (and base line probability would certainly suggest it will be a very difficult road) remains to be seen.
None of this means the stock can't keep rallying. These promotional stocks often do run for a lot longer than people expect, but at some point (and we may already be past the point) people will expect some real results not just hype and new contact signings.
We'll see!!
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