Please don't make me think negative thoughts. I've just taken a big step in moving from months and months of negative thinking to positive. I might change my mind if I dwell on the past. lol
But to make it short, I believe they are self serving and not out in the interest of the shareholders. On the bright side, they have a remarkable track record in a very short amount of time of making deals with the big boys. I'd just like to have some assurance that they will be profitable deals!
they are still bigger than some 3rd world countries. Frajus is right they bought ntop to save them 10 billion per year and make their LD phone business more profitable. Selling Ntop would be capitualtion IMHO. Kiss of death for T share holders. I'd say Ntop getting bought out is a VERY long shot at best. IF it were to happen it would be from T.
What board isn't self serving! On another note, what do you think about the possibility of a takeover? And no, I'm not thinking AT&T, I wish to suggest another potential suitor: Broadcom (I'm not trying to start a rumour, this is simply a hypothetical question). They love to buy out their suppliers, and they do use NTOP. Any chance in your opinion?
Actually longs are better suited with no buyout. If the company is able to actually follow through and make good money on all these deals, you will be rewarded far better than any buyout at these levels.
crap, I can't speak to this being the bottom in NTOP.
However, I can say the following:
My Buy/Sell indicator suggests that this is not a bottom in market. Neither the long-term ratio or the absolute number of buys or sells is where it needs to be. Buys - 757 and ratio 1.46. An important bottom might show 3-4,000 buys (strong signal) or 2500 buys (medium signal). The Buy/Sell ratio is 1.46, it needs to be at least 3 or 4.
The only thing standing between a low 9 price for NTOP was HMQT back on bid sucking up all shares sold and making the inside market.
On the other hand I don't disagree with taking an initial position here if you can add more if NTOP declines. (you will have done one hell of a lot better than I have). It defies logic that sellers will take this down below $10 for any extended period of time.