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ChannelAdvisor Corporation Message Board

  • pitbull_dude pitbull_dude Aug 19, 2013 8:40 PM Flag

    With touch of Nasdaq cooperation, ECOM has very good chance to see below $26 this week.

    I would say 85% chance.

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    • looks like that 15% chance of not hitting 26 got longs a 15% gain to 35+

      Sentiment: Hold

    • No one truly can value this company right now as it is early in its life cycle. This is a company that IPOed with a cap of 300 million and is now a 700 million + stock. It is not profitable yet, but thats not even an issue right now it is all about rev growth and growing their client base. Look at there closest quasi-rival Demandware DWRE, has a cap of 1.4 billion right now. eBay has a significant stake in ChannelAdvisor as well, which adds to its viability in my opinion. It has room to grow despite the huge run up in share price.

      Trying to call a top when there is blue skies above and the stock is hitting a new high everyday is futile. I admit I have a bias having bought the IPO and more in the open market, but this company has a biz model that the street loves. Subscription based, SaaS, rev sharing, and e-commerce of course. Lockup expiry is in November. I'm holding and will think about adding if they do a secondary.

      Sentiment: Hold

      • 1 Reply to ianappel78
      • A stock like this is classic Y2K stuff. Hopes and dreams enable you to profess a sky's the limit valuation. Comparing it to a rival that's also unprofitable but more overvalued is fuzzy math. I distrust businesses that seem overtly concerned with generating daily paid press releases and luring the public with Cramer appearances to boost stock price during a lockup. The stock is a weird trader and very vulnerable to sharp pullback at these levels.

    • how did you come up with this is trending down.

      • 1 Reply to wdougher0502
      • Two reasons I was on shortside. Nasdaq needs to pull back to slightly below 3500., not sold enough to galvanize yet. I screened hundreds of stocks and found ECOM that over bought. ECOM broke out from 20. So I think it has to come down to at least mid point even if it become next GOOG, especially when it was artificially pumped by CNBC. This stock has no gap, at least small. This stock price is matter of opinion, nothing quantifiable. Meaning, it will be volatile.

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