I'm no expert, but I sold my 17,000 shares today with a profit. The reason I sold is as follows....
Zix is supposed to be a GROWTH company. They have not in my mind, demonstrated the numbers to justify the current PE. The past two quarters have not been good...today was a gift.
I don't care for the CEO. This was the second conference call I listened to and I don't like the way he handles himself. Maybe he isn't saying what I want to hear?
If we get a meaningful correction, ZIXI will not hold up in my opinion...with flat numbers gaged for the rest of 2014. There are a myriad of stocks out there with momentum...I expect this will trade below $4.00 again, sooner than later.
Dear Moron....this stock is headed much lower.Ihave nothing against Zixi. Made plenty of money on the stock. Earnings report was not good, and Rick Spurr is one of the most unimpressive CEO's I've ever seen.