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Geeknet, Inc. Message Board

  • acct6 acct6 Apr 5, 2006 10:59 PM Flag

    Cramer's Comment tonight

    I'm a Cramer follower and I will say the guy can move markets with a single comment...

    As for what LNUX does tomorrow. I know we will have a very heavily traded day. I would be suprised if we did 7-8 million tomorrow. What I'm not sure of is what direction we'll go. If the current holders aren't willing to give up there shares we could move sharply higher. If his comment spoke existing holders I could be a very bad day...similar to the $4 to $5 movement we saw last week.

    Me, I already took money off the table last Friday but still hold 20% of my previous holding. I consider all the shares I hold now the houses money so I'll be staying long. I still feel sourgeforce's user community is still undervalued. I wouldn't be suprised is we were 2x-3x today's closing buy the end of the year. The coming quarters have the risk of being light if software licenses are light but going into Q3 and Q4 this is stock that your going to want to own. During the last conference call management stated Q3 and Q4 revenue were going to grow 30% plus. That is impressive top line growth. It will also have a similar effect on the bottom line by 40-50%.

    Long story short. I would want to be on the short side of this stock unless management changes its tune.

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