I recently was bullish
on Fiverr, even implementing it in my own personal test strategies. While, it is too early to say I was right, my bullish
call seems to be quite accurate. As always, this is on opinion basis and don't take anything I say seriously, as I'm not trying to solicit any financial advice. That being said, the revenues per share and losses per share were BETTER
than expected. I had a bullish
call prior, and don't be surprised if the stock continues to rise as with most of my predictions. Not claiming to be Nostradamus here, but look there are patterns and real math. I am wrong sometimes, but the calls been on a high streak recently. It is interesting to see how other online and e-commerce like sites such as Shopify, Etsy
, may perform. (Though I consider Fiverr some weird cross between freelance, pro and amateur services and the e-commerce market). I think it is closer to an internet retail metric than a data processing category, however.