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ModusLink Global Solutions, Inc. Message Board

  • chart.analyst01 chart.analyst01 Jun 11, 2012 9:22 PM Flag

    Over sold

    MLNK was a $25 per share stock a few years ago. Its fundamental is not getting worse. Hence it should be back to $25 in a few years.

    Current MLNK is over sold.

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    • Don't dream about the 25 bucks a share. Won't get back there in our lifetime.
      However, I fully agree on the oversold statement: the accounting issues with rebates seem apparently minor to me and for sure, cutting the market cap by more than a third (North of 650 MUSD in one day) is a bit absurd. No CEO in the world is worth that kind of haircut (especially someone like Lawler that has never been frankly an overperformer throughout the years).
      Might entertain to buy some at the opening to play a 15% rebound within the next two months.
      Patrick

 
MLNK
3.7239+0.0339(+0.92%)12:56 PMEST

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