I'm feeling pretty good with this Jan-Mar quarter.
Oct-Dec went as expected.
Jan is feeling like it's off to a strong start, and Jan-Mar was always going to be strong.
So I think it's just a question of how strong.
Record trades are highly likely. Last Jan-Mar, trades were up 103% vs Christmas...though that included a fine Jan to mid-Feb, and a super late Feb and Mar, from COVID.
To be somewhat conservative, I'll say that Jan-Mar might have +30% trades vs the Christmas quarter, which would be 491k trades, vs the prior best quarter having 380k.
Good, considering the semi-fixed expenses.
Then some more upside, depending on exactly how well international goes - making a small contribution, or a medium one (my latest estimate, +5-20% on top of domestic trades).
So maybe >500k trades? It's a bit too early to estimate that, but it's feeling like a good quarter, and we're only 3-4 weeks in.
I'm feeling pretty good with this Jan-Mar quarter.Oct-Dec went...
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Mkt cap ! $30.18M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 251533 | 5 |
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