Funny - - $308,353.6 million capitalization? Would be nice, however, very unlikely.
I’ll be happy when it’s back to $70+; with the Z-score at 6.35, I don't think we'll have to wait very long...
Tired of being on the wrong side of the trade? So was I until I joined PennyStock101 The alerts are quality, not junk and they are straight forward and cut out the hype.
Goldman owns 30% of Limelight, which as you know got their #$%$ handed to them by Akamai.....so, Goldman is a little bitter on that.
LOL! What kind of stocks do you own; give us a list so we have an idea where your mind set is at?
Strong short term buy trade IMO.
Price Target Yield of 22% vs. 11% for Average large cap stocks in the S&P500, plus
The price target yield was only 11% one month ago.
Forward PE is down 12% from 20.4X to 18.3X from one month ago vs. flat for Average large cap stocks in the S&P500.
Forward PEG of 1.2X vs. 1.6x for Average large cap stock in the S&P500
AKAM has a huge short position that built in advance of the quarter release – almost 6 days of ADTV. Most of those shorts were priced in at $50-51. The stock had a nice pop on earnings then the shorts tried to muscle it down. . If you look at the ownership histories there was huge selling in Q1 from Wells Fargo and a large cap TRowe fund (akam doesn't fit focus anymore size wise) They have both fully sold out based on their March 13-F's in total over 3 million shares of extraordinary selling pressure in Q1. This coupled with the super high short pressure would distort true price to the downside. The buyers in q1 who have 13f's filed are all great funds with a special sits or value focus from good managers. These dynamics could play well.
ONCE THE SHORT SQUEEZE HITS THIS THING IS AT $55+ IN TWO DAYS!!!!