You selling off 50% of Live tiles lmao If you are an investor you would either; stick through the tough times or accept you don't understand the nuances of the business and sell. You can't just sell and say waiting for "newsflow" to drive the share price. That is not investing, that's gambling. #checkandmate
To answer your question before it gets modded for displaying facts...
We ("Long term investors") don't care about newsflow from app ranking affecting the share price. It just build on our bull thesis (like gun powder). Our investments go boom in the long term not the short term. The short term is the testing period as there are many future hurdles (potential turnover in management, clearing regulatory trials, an earthquake in the US). You know things no humans can predict. The only thing that matters is if those short term hurdles cloud our long-term thesis. Currently, not at the moment. Boost in the app rankings is just validation that the business is going well. Especially in UK, I believe Person Centred Software having a full-time Painchek employee frees up management in UK to drive sales outside Person Centred Software. The sales that happened like 4 or 5 days ago are showing up in the app rankings now. In other words, let's say I made the sale now, during the next 3 days, the customer will train all their staff through online videos from website or app. After 3rd day, the carers download the app on ipad or on their phone. We know that these downloads are legitimate as the staff needs to be verified by a supervisor from the facility. To simplify my answer, App downloads does not equal share price growth... It's validation to the long term thesis.
If you are an investor you would either; stick through the tough times or accept you don't understand the nuances of the business and sell. You can't just sell and say waiting for "newsflow" to drive the share price. That is not investing, that's gambling. #checkandmate
