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Aruba Networks, Inc. Message Board

  • billionstack billionstack Jan 4, 2013 9:35 AM Flag

    One more chance.....

    For longs to sell quickly @ 22 and shorts to get a second belated present. It lasted a few seconds at the open. Don't waste the opportunity to sell longs!

    Sentiment: Strong Sell

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    • Fortunes were no doubt made by those with inside information with respect to Fidelity's liquidation of its 10 million+ share position in ARUN last year, driving the stock price down over ten bucks from the low 20's to around 12 and change, seemingly for no reason to those of us on the outside looking in, who watched the train wreck unfold in slow motion. I would love to read a book about it.

      With huge short interest riding the stock down, you know that the insider trading must have been rampant. But hey, if the SEC doesn't care about David Sokol, why would they give a #$%$ about ARUN shareholders getting ripped off?

      That run down was an aberration, in my opinion, fueled for the most part by the Fidelity liquidation. What will be the catalyst for a next leg down? Do shorts honestly believe that we will see another wholesale liquidation by a 10% shareholder? Don't hold your breath, shorts. I believe that the longs are back in the driver's seat, and that we will see the short interest diminish in the coming months as ARUN's business takes off and management's stock based compensation is reigned in after the annual meeting. I believe we will see $30 before we see $15, and that shorts will be feeling some major pain if they don't cover. That is my bet.

      Sentiment: Buy

    • Normally I'd put someone like you on ignore, but I find you kind of amusing, so I'll keep you around for awhile.

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