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>insiders must already be aware The lockup period does not expire till mid-october. I read their 10-Q and found this gem about "user re-authentication": "Use
by dangxiaopin 7y ago
>insiders must already be aware
The lockup period does not expire till mid-october.
I read their 10-Q and found this gem about "user re-authentication":
"Users
MAUs at quarter-end were 300 million, representing growth of 30% year-over-year. This represents an acceleration in user growth, in part due to one-time changes to SEO algorithms and user re-authentication that impacted Q218. International growth drove the majority of global MAU expansion."
- mmaunder 7y agoI'm sorry, I'm an idiot. Wtf does "user re-authentication" mean? They're counting MAUs as number of logins and not number of active users?
- dangxiaopin 7y agoI can only interpret that they are talking about logged in users with accounts. The users were logged out during the pre-IPO and that resulted in some double counting in their second post IPO 10-Q. I was researching this because I asked myself a general question: "Why is the stock price of non dividend paying companies correlated to the performance at all?"
- mmaunder 7y agoAh. Amazon is a good case study for you. Didn't pay dividends for a decade or more. Reinvested everything. Pissed off analysts. And killed it. In that world as long as you can keep delivering growth, you're good. Miss once and you're toast.
- kgwgk 7y ago> Didn't pay dividends for a decade or more. Amazon has never paid a dividend.