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08:59
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Originally posted by jamesdenis:
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Unlike many shareholders here I have not sold a single share at all. Initially I was disappointed with the revenue growth of Crowd Direct over the last quarter and thought management could have allocated more $$$ to marketing to get the 4-7x return on marketing spend that had previously been stated. However if I have faith in management I then realized I should give them the benefit of the doubt and assume that they are obviously putting both human and financial resources more into building the technology as this will provide longer term returns far in excess of 4-7x.
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Maybe if management weren't so concerned with prioritising their own large salaries there could have been more leeway in allocating extra dollars toward marketing spend.
