Linkfire is the global market leader in smart links for music streaming companies with a 70% market share.
For example, you click on Justin Bieber’s song you got from a friend on Snapchat, you get into a link that shows you where you can download the music from, the next concert, or where to buy tickers. Linkfire links music on social networks to music streaming companies.
The stock is 50% from its IPO price, despite delivering on all its guidance. The revenues has been raising around 50% over the last two quarters as the company indicated in the IPO. The reason for this according to the Pareto analyst is that the company did not actively communicate between August and October. The retail got scared and start selling. The stock is sliding on very low volumes. The company is starting to communicate actively. If you look at social media there is one good news per week.
The CEO is buying
The CEO reported on Friday that he started buying. The volumes were not high, but it is an indication that the management cares about the share price. See:
LInkfire CEO interview on Market Makers!
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