Wow, after a 65% increase in SP, we're a breath aw
Post# of 2009
Posted On: 03/29/2016 4:11:22 AM
Wow, after a 65% increase in SP, we're a breath away from .... a penny.
With close to 43 mln shares traded, it was the highest volume this year.
Back in 2012 and 2013, there were days with over 100 mln shares traded, with 134 mln being the record (@0,0018, May 11th).
However, with $422,000 traded yesterday, the Dollar volume is far away from past records in 2014 and 2013, where we had three to five times that $ value.
Anyway, a nice run after the news last week that UF with “the world's largest 4K library” is backtracking and also enter the HD streaming market. I think this is the major catalyst for this run.
Since they already have a large amount of HD content (that they upscale into 4K), I suppose it's a cost effective way of increasing revenue.
The reason why the “leader in 4K content” enters the HD market is, IMHO, because the 4K streaming market isn't what they expected it to be. Maybe the infrastructure isn't ready yet. Reading posts on video forums, they don't exactly praise the quality of Ultraflix.
Most people don't even know the difference between HD and 4K. How many people without any special knowledge of TV are even aware of the difference between SD and HD. How many care ?
Besides lacking surround sound, compressing the hell out of a video stream, claiming to stream “lossless” at internet speeds lower than is required for a quality HD stream has always raised questions with me. I expect HD to be a much better revenue source than 4K right now. If they can compete with the big guys content wise.
Be it as it may, at least we're back at a share price of about six months ago. Those that entered at below 0,5 cent will be happy, and I expect them to sell pretty soon to lock in their gains. “True longs” or not. You would be foolish not to.
So far, not a word from the Co, nor from IR which seems to be no more than a front desk employee who has to take in questions from investors, be nice to them, and pass their inquiries on to the management, which in turn dumps them into the garbage.
Maybe that will change too, “soon”.
With close to 43 mln shares traded, it was the highest volume this year.
Back in 2012 and 2013, there were days with over 100 mln shares traded, with 134 mln being the record (@0,0018, May 11th).
However, with $422,000 traded yesterday, the Dollar volume is far away from past records in 2014 and 2013, where we had three to five times that $ value.
Anyway, a nice run after the news last week that UF with “the world's largest 4K library” is backtracking and also enter the HD streaming market. I think this is the major catalyst for this run.
Since they already have a large amount of HD content (that they upscale into 4K), I suppose it's a cost effective way of increasing revenue.
The reason why the “leader in 4K content” enters the HD market is, IMHO, because the 4K streaming market isn't what they expected it to be. Maybe the infrastructure isn't ready yet. Reading posts on video forums, they don't exactly praise the quality of Ultraflix.
Most people don't even know the difference between HD and 4K. How many people without any special knowledge of TV are even aware of the difference between SD and HD. How many care ?
Besides lacking surround sound, compressing the hell out of a video stream, claiming to stream “lossless” at internet speeds lower than is required for a quality HD stream has always raised questions with me. I expect HD to be a much better revenue source than 4K right now. If they can compete with the big guys content wise.
Be it as it may, at least we're back at a share price of about six months ago. Those that entered at below 0,5 cent will be happy, and I expect them to sell pretty soon to lock in their gains. “True longs” or not. You would be foolish not to.
So far, not a word from the Co, nor from IR which seems to be no more than a front desk employee who has to take in questions from investors, be nice to them, and pass their inquiries on to the management, which in turn dumps them into the garbage.
Maybe that will change too, “soon”.
(1)
(0)