What analysts?..you have one upgrade in a sea of downgrades. No one will want this thing..their biggest reseller Alcatel Lucent just eliminated their dividend for 2007 and cast a down outlook for 2008. The shares are already down 75% in the last six months..lol..I don't need to short it..it will hit 2 or less just fine without me.
It is sad to see that you do not let reality interfere with your trading decisions.......to postulate a print under 2.00 is as silly as saying it will be trading above 10.00 next week......... Good luck
Oh..let me get this right. It can drop over 50% in the last week and that can't possibly happen again?..lol
You are kidding yourself. It has just magically found a bottom? No way. If it was growing so fast and they truly had pricing power they would have been able to compensate for the federal funding delay. The fact is their expense ratio is not declining along with increased sales. It is following sales up..not declining the way it should. That spells strong pricing competition as well as weakness. Sorry folks but enterprise and retail ARE discretionary and IT budgets in those areas are being CUT.
With all the clients ARUN has... universities, school, navy, nursing facilities... and more....It is hard to see this one go under... income just little bit less than RVBD but trading at 1/4 of RVBD... What a gift at this price!