A June 29th article on The Verge disclosing Meta’s plan to allow direct app download from Facebook Ads sent APPS shares surging, as some investors believe SingleTap could be the key enabling technology in Meta’s effort. the stock move reflects
1) a growing recognition of SingleTap as a viable technology among investors and big tech players,
2) secular regulatory tailwinds of which APPS is a beneficiary,
3) a diminished hurdle to drive a stock rally after the valuation reset, and
4) significant squeeze risk for short-sellers overlooking SingleTap’s secular tailwinds.
1) a growing recognition of SingleTap as a viable technology among investors and big tech players,
2) secular regulatory tailwinds of which APPS is a beneficiary,
3) a diminished hurdle to drive a stock rally after the valuation reset, and
4) significant squeeze risk for short-sellers overlooking SingleTap’s secular tailwinds.