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Rentrak Corporation Message Board

  • litespeedvb1 litespeedvb1 Feb 7, 2007 2:24 PM Flag

    amazing reaction

    This stock must have strong institutional support NOT to sell off after a miss.I am shocked

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    • I am amazed as well. Makes you wonder who is really paying attention. I know Paul must be growing weary of singing the same old tune and it sounded apparent to me in yesterday's conference call. The data collection and info providing business is OK (very, very small presently) with hope that it will grow fast enough to overcome the ppt segments eventual decline. In my estimation, the former is not capable to-date of expanding anywhere near the pace required to sustain the current stock price. RENT is a nice little company with an over-inflated stock price. Correct me here if I'm misstaing what I believe Paul said yesterday. Didn't he state that fiscal fourth quarter earnings "...should look alot like the current third quarter results." If this is so then actual results will miss the needed projections by 40% in the coming quarter. Only a miracle worker can keep the stock price up under such challenging realities. Good luck Paul, you're gonna need it!

      ashby

 
RENT
52.53-3.37(-6.03%)Sep 15 4:00 PMEDT

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