I wouldn’t short. They just slapped 400+ customers and likely hundreds of thousands of users in the face and the C-suite didn’t think it was important to even acknowledge.
That might look like incompetence, but I think it’s confidence. They know the switching costs for large orgs are so high they can treat these people like trash and few if any will leave. I wouldn’t be surprised if the total number of seats among affected customers has gone up in a few months. By failing to acknowledge the problem they’ve kept it out of the mainstream media and financial press.
They have their customers by the balls and don’t respect them. That’s a short term bullish signal to me.
That might look like incompetence, but I think it’s confidence. They know the switching costs for large orgs are so high they can treat these people like trash and few if any will leave. I wouldn’t be surprised if the total number of seats among affected customers has gone up in a few months. By failing to acknowledge the problem they’ve kept it out of the mainstream media and financial press.
They have their customers by the balls and don’t respect them. That’s a short term bullish signal to me.