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Why all the selling, page-13

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Thred99

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19/07/17

15:44

Post #: 25960857
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Originally posted by upstreamgold ↑

I like that you're comparing Thred to Snapchat. Now you're starting to get it

It's understandable that many are nervous. However imo the future is not as bleak as the current share price suggests. In my mind I view Thred as a turnaround story so to speak. The initial idea is and was fantastic, the execution was massively flawed. However if you look at how the tech team has been changed, you will see that it's now heading in a much better direction. It's been brought in house and the talent is extraordinary. They're young, energetic and filled with passion. I strongly suggest people really think about the Thredding without Thred proposition, and how much of a game changer that is.

Also what matters most is cash at this stage. Thred still has it. In fact as per the last announcement they have enough for at least six months. The next few weeks will be fascinating imo. I'm buying up big now and I'm happy to hold. I trust the management and especially Geoff.

GLTAH

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Hilarious conclusion based on a $2 company achieving an opportunistic backdoor listing with a failed resources company.

After 2+ years development and multiple product releases dating back to 2015, Thred has no more than an outdated powerpoint presentation that is regurgitated endlessly by emotional investors.

Thred has no market relevance or need, other than the need to pump the SP price so that investors can recover lost money.

THD Price at posting: 1.0¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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