Agree the fall seems overdone but then again so does the 50% fall from the time they said that they are trialling with one of the top 3 video streaming companies in the world and have signed 2 additional clients in APAC on test budgets. I still think the announcement is pretty innocuous and it's most likely that what they are saying is the truth (especially considering he is staying with the company and not moving on) but the timing is extremely suspicious.
I am with you on wanting to buy more but not being able to bring myself to do it.
Having said that I haven't been able to bring myself to sell either especially now given they are at cash backing more or less...
I am hoping that this is the last shake out but it seems that we won't see the end of it until we hear something concrete and positive on APAC revenues.
TMP Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
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