This company has been unprofitable for ten consecutive years as a public company. That’s a record. I’ll hold my breath on people saying the future will be different.
This is what a speculative bubble looks like. Enjoy popcorn on the sidelines until people start pricing in financial reality. Manias sometimes take a while to fizzle out. Year over year revenue growth is actually flat to slightly negative for the past 2 quarters. If top-line revenue growth continues to stall out, that's often a catalyst for corrections.
Yeah, it will be hard for Q1 to be as bad as last year, but it doesn’t look pretty from there.