If I buy....last week, yesterday, today.....no matter how good of a buy I know it is ( albeit, it may take a couple years to pan out...which I have ). I would be braking a rule that I TRY to follow because of past experiences....and that rule is, as so many already know, DON'T TRY TO CATCH FALLING KNIVES!!! I gotta have discipline, even if I miss out on a bit of an opportunity. GLTA, B
Sounds prudent. All cloud is down, so I would be very careful. I would see what happens after it reports, and how other cloud plays trade.
FYI, All the earnings calendars are inaccurate. I had it marked down for Monday earnings, when they are Tuesday. You literally have to check multiple earnings calendars, and repeat on the supposed day of reporting. Best of luck.
The idea is to coax retail into selling at a loss, and eventually gapping up. Any retail investor buying after gap-up automatically assumes a losing position with respect to the smart money that purchased cheeper shares prior to the gap up opening. Furthermore, the smart money buys at discount; in other words, this game is called “Let’s fleece the herd” - - if you want to make money at this, you will have to find your way through this garbage. Good luck!
Non existent? Really? And why is that?
decent cash flow, low debt, strong equity, good client base, #1 in their industry.
I can understand the correction (the stock was a bit highly valued), but Non existent? What are you even talking about pratheesanp?
Well...my order didn't fill on Friday, thankfully in hind site. The question is, how long will the markets throw everything out? I'm gonna buy more AKAM but I don't think it will be today. Perhaps I will get some in the 30s. Im gonna study the technicals and determine a buy point assuming another leg down. This is nuts...but an opportunity none the less.
hoping it fills....long term holder and would love to start reloading the position. I was down to my last lot of shares and couldn't sell them. Now I get to start adding to them and build another position in this winner. GLTA, this isn't a hard one here....
It is solid, good to quadruple from here in next three years. People don't realize, even though CDN is being taken "in house", Akamai is still the back up. The volume over internet is projected to 10 fold+ in coming years, those " in house" will not be able to handle it because just servers are not enough. You do need the Akamai network and solutions. So, just like AT&T gave up on their "in house" to use Akamai so will others, and if not we sill get the befit of the over load. Akamai is the leader and most cost effective.
Sentiment: Strong Buy
Couple things going on. Competition getting tighter and some big players taking CDN in-house. Akamai also going through deep restructuring (and we saw it affect the bottom line last quarter).
But I think a lot of the tumult is way overblown here. Akamai has a solid line of solutions with a well established client base (very loyal) that continues to grow. They've built a deep mote of strategic alliances and their Cloud security team keeps adding to a great product line. I'm not worried about the short term here - At All.
It's going down today, is what I know. Guess the internet is going away! Wait here is some thing recent from MIT Technology News:
Akamai operates a giant global network of more than 200,000 servers that ISPs and companies such as Facebook use to move data around. On Thursday the company shared results from tests of a technology code-named Giga that proved able to move data on average 30 percent faster than the company can today.
Kit Knox, vice president for media engineering at Akamai, said Thursday that his company wants to release the technology in the hope that it will be adopted as standard. He presented results on Akamai’s tests of Giga at a conference on video-streaming technology hosted by Facebook.
Akamai tested the technology using servers all over the world. Results varied depending on the location and the local Internet service provider, but on average the rate at which data could move jumped just over 30 percent. Tests in India, China, and Bolivia showed improvements of more than 150 percent—although those in some other places, like Germany, over its ISP Deutsche Telekom’s network, yielded an improvement of only a few percentage points.
Giga is a replacement for TCP, a protocol for transporting data first published in 1974, which still underpins the Internet and which is overdue for an upgrade, says Knox. “A lot of the core protocols we use to deliver content haven’t evolved much—we’re going to need new technologies to bring this into the future,” said Knox.
Giga includes several improvements on TCP that can squeeze better performance out of existing Internet connections. One does a better job of detecting whether the route to a person trying to access data is at capacity or not. TCP often incorrectly assumes connections are full when they in fact have unused capacity, Knox says. Another speed-boosting trick built into Giga encodes data into electronic packets in a new way that reduces dropped links if a connection wavers.
Sentiment: Strong Buy
3rd quarter sucked (reported)....4th quarter doesn't look much better (reporting next week). Sense is that current clients have been creating their own products/services to bypass the services AKAM has been providing. Growth has slowed....ergo 20x vs 30x. Gotta have good quarter next week to turn the tide. If so, 55 bucks in 2 weeks....65 by summer.