Well, I am afraid a sign of a sick stock is one that goes down with the market but lays flat on it's back when the market rises... CKSW fits the description... too bad and not just because I have 60k shs .... I just hate seeing them miss out on reaping the rewards they do deserve...
EXACLTLY!!!!! And Johnny what prize do we have behind door number three!!
How can revenues grow 20% plus but the bottom line stay flat or shrink??? I bought last year in the mid threes to mid fours and sold in the low eights. You dont buy in the high/mid sevens and now sell in the fives. Thats a## backwards. You have potential 50% stock dilution without knowing what is going to happen. You have analysts predicting 20% top line growth but it all disappears before it hits the bottom line. Earnings estimates are coming down. I am in no hurry to plow a bunch of money into CKSW. I held on to all my profits from last year. How many of you out there can say that?
I may regret this but I sold out yesterday in the $6.40's. The old saying, if it seems "too good to be true, it probably is" must apply to this stock. All the numbers and growth point to higher multiples but this thing is stagnant. Maybe the experts know something we don't. If this was a tech company with the same numbers we'd be looking at much much much higher multiples and even high PPS ranges.
I may come back into this if we drop into the mid $5's.