@roofy I agree with you in that the US volume is probably comprised of a very small number of players. Only a handful of my colleagues have even heard of GetSwift. In my extensive research in various trading forums, I've only come across a few posts or even mention of GetSwift outside of the HC forum. I think a big part of it could be that it's an Australian company?
You're correct about the lack of real revenue from their mostly at-will contracts. I don't know quite what to think about with the latest run-up. Part of me thinks I should just walk away; like many a GSW investors sentiment, this is playing out like a bad love interest that's full of drama and tumultuary thoughts with a tiny probability of a good outcome.
Unfortunately, I'm not able to open another trading account because my industry regulates where my trading can occur. @PrincessKate also thinks a buyout to take privatize the company could be in the works. If this were the case, this still doesn't solve the cash burn issues. Private or public they will still run through their cash in about about 7 quarters because they're spending a lot more than they're making no?
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