The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31002
Likes: 52320


Yeah, although if he owns nearly 60% of the shares, I'd imagine


he won't be able to unload a substantial portion without cratering the stock price... including for his yet to be unloaded shares.

It's not that the company has no earnings... lots of companies without earning have high valuations... but with only 5 million total users (and presumably far fewer active users), I'd imagine revenue and revenue growth is pretty anemic too.

(In response to this post by WaxHoo)

Posted: 03/26/2024 at 09:12AM



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