There is a lot of pumpers on this board. The obvious reason Velti is trading where it's at is because of their balance sheet. They have discussed in more than one filing several items that until addressed will keep this stock down. Will they have enough cash going forward, quality of receivables, will they need to restate previous years financials to mention a few. On the flip side they have highly sought after developers and intellectual capital with the patents they own. Yes, there has been investment from some big name funds, those funds typically spread their risk across several high risk companies and only need a few winners to make money. Also, if I was in sales at one of Velti's competitors I would print out statements from some of their recent filings. This could be a big win, then again, it could be a big bust. IMHO
Yes, but most boards have lots of pumpers - I get upset at the mindless projections because this is a hated co and a very damaged stock. The story can get better, but as you say not til some Q's have clearer A's.
This is surely high risk - longs have bought because they believe it can run the other way and with a little good news a squeeze is very possible.