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Vonage Holdings Corporation Message Board

  • vineland06836 vineland06836 Jan 22, 2013 10:20 PM Flag

    Vonage headed down 30% in next six months

    The mild speculation on World Plan sales and the AARP deal is not enough to keep VG at this nosebleed level. Over $2.14 is nosebleed levels where Vonage is concerned. I see Vonage headed down 35% in the next six months in anticipation of Vonage bleeding more next Christmas. Earnings this year will show a decaying customer interest in Vonage, cancellations, and losses to competitors. Net profits will be puny if any.

    Fat chance Vonage adds 10,000 more customers this quarter than it had last quarter.

    Watch for any special announcements to see the next slight of hand from management, e.g. what Vonage plans to do to show Vonage is alive and growing, not just fighting for survival against Magic Jack, Skype, Calling Cards, and 10 cable companies.

    PR is routinely someone selling insider shares or leaving. At least the conference call wont mention insider sales.

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VG
4.70-0.04(-0.84%)Jul 7 4:01 PMEDT