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Callidus Software Inc. Message Board

  • icmanalyst icmanalyst Feb 7, 2014 10:15 AM Flag

    More downside to come on this stock

    I would not be a buyer on this company for now due to the extreme valuation and the negative sentiment. It will take some earnings results in future quarters to give this stock support and until then it will continue a downward direction with some sucker rally situations for chasing and catching the proverbial falling knife. Recommend patience and let the price come to you at 10.75-11.25 area at minimum before considering any purchases imo.

    Sentiment: Strong Sell

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    • Picture perfect description on this stock right now. There will be continued downside pressure until earnings or another new large deal is announced and that is traditionally an unlikely event in the first quarter. I think they will be fine some months out from now, but like any such situation the market will nicely punish the stock before that resumes to any upside and only then if they have strong earnings to gain trust of market.

      Sentiment: Strong Sell

15.26+0.30(+2.01%)Jan 29 4:00 PMEST

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