ORCL has acquired two previous competitors in this marketplace and then eventually scrap the software because it is too small a market for them to bother. So good luck with your acquisition speculation.
balled, so YOU studied the product? Do you know the market for the SaaS product? If you give the SaaS version to be on their PC, is it still a SaaS or just outright sale of a software? Do you even know what you are talking bout?
You must be kidding. The Senior Management is the founder. the next in line just quit. The directors were all appointed by the founder before they went public. Do you think they will turn against their benefactor?
Based on all the posts, doesn't look like anyone knows anything about this company or the products. So how do you suppose would you know if the pps would go up or down? Anyone knows when they will break even or make a profit or is that not important at all for a company? One thing I can tell you, when those insider shares hit the market, your investment will be cut in half...again.
IPO at high end over $15 and quickly rose to $25.. Earnings and forecast disappoint by less than original IPO percent to current PPS.. I believe only cash strapped insiders will dump under $15, and company will work hard to get back above their IPO quickly and changing out their sales head and a board member is a good start.
UBNT is the perfect example of young company out of gate dropping ball and Crushed by shorts, analysts saving face and weak hands to under $10 and today over $30.. Made good money there and will here too. Dig in and check out their customers. Like most overreaction, wished I could could hold longer, but there is always a company like Model N oversold and ready to recover quickly.
Going on record (at least as real as we can here). 1300 shares @ $9.97.
Good luck as I need shorts to help the panic up like you got down. Have a great weekend!
You are 100% correct. This may get a bit cheaper give the fact that stock IS for sale and there is very little liquidity but this will be 14 in months and better yet 20 next year. They have a very legitimate business and if they can correct the sales issues issues we move much higher. I started buying at 9.80 and will average in all the way to 8 hopefully. Panic and Ignorance leads to opportunity.
Agreed Any good news and we are back to IPO price. ADDED more today @ $9.07. HOPE it was last chance this "cheap". GL
Agreed with the sentiment and how it is long play...Averaged to 16 when it went to 14.. So little bit underwater
Sentiment: Strong Buy