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Acacia Research Corporation Message Board

  • ustaknow ustaknow Oct 18, 2013 10:14 AM Flag

    I upgrade this stock with a 24 dollar pt


    extreme oversold versus intrinsic value

    you are on a divi paying cash cow with Zero debt
    better grab all you can sub 16

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    • Agreed but it will take a while... until next earning. I am in and for the long hall.

    • As to comments made by ustaknow and impliedvol, I'd say they're both right but that this is a matter of your trading/investing strategy. I agree with impliedvol in that I'd wait before climbing on board as I think without a positive catalyst that it's going lower and you can get a better entry point. However as ustaknow correctly states one big deal could take ACTG from looking for a bottom to looking extremely undervalued overnight and a person could wake up one morning to the price being $5 higher and moving up.

    • I am inclined to give credibility to IMPLIEDVOL. He has made a great call in July:

      by impliedvol • Jul 18, 2013 4:22 PM
      Unless the management has a damn good reason for it this troll will fall another 50%...

      He was right. What can I say.........? It may be awhile before I get back in to this.

      • 1 Reply to hawkfaminhudson
      • Btw, I am not as pessimistic after this CC as I was after the last two. Last two conference calls were clearly full of lies, unjustified optimism and lawyer bull. During this call they seem to be me more sobered up. They realized that there are no low handing fruits in that business anymore. They didn't make any commitments and they are not certain when they will be making money. This type of uncertainty will drive more and more investors away until the point the stock is fairly valued. I believe that we are close to that point.

    • Where do you see a cash cow... The revenue is on the steady decline and they are loosing money every quarter. This is their third bad quarter in a row.
      $24 is not coming back anytime soon. The dividend will be gone if this performance performance persists.
      Wait until the short interest jumps to 20-30% and stock is downgraded to strong sell. At that point everything should be priced in and averaging down will be more reasonable.
      $16 would place this company to 800m market cap which is unreasonable.

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