Pick The Bottom

Ok holders.... Deep breath.
Best IPO of the year has turned into the biggest reversal of the year, or it's getting there. I think there is a bottom nearing, but as I study the tea leaves I sense it will not bounce violently like it has before.
There is more doubt now about the company for a variety of reasons.
My call is near $1.00 it bottoms out. It flat lines for a month or two. The next financials will not influence a great deal, but after lessons have been learned the end of June financials will be improved, or not. Prior to that the bargain hunters will have started a reversal that should keep going. I consider my opinion is optimistic that people grab onto the notion this is still a fast growing business. That is however countered with it being profitable at the same time.

I don't subscribe to the theory of not having contracts with brands. These businesses have been able to get going without that for a reason.

But I'd like to see a little more substance in the announcements. Fluffy stuff with little details only fools so many people.

Where are you getting in or topping up?

We all know you can't pick the exact bottom. Won't kill you to try,,, Good luck folks.