You know when the long, carefully thought out, detailed short position is presented on a stock's message board over and over at all hours with detailed examples, different styles of expression, lengthy grammar, long words like a college professor would use, the whole nine yards, that this is an indication the shorts, hedge funds, pros are circling in on a target, or they should be. Today we see the volume up big while this Board is filling up with more and more volume of smart realistic Vonage pessimists. They hate the company, they hate the managers, they despise the founder, they question the business model's growth potential, they question the long term feasibility of the revenues, they post relentlessly, they call Vonage a managerial revolving door leaving no one responsible at all besides an overpaid CEO. You get the idea. This is not normal for a growing healthy company's message board. This happens when the shorts are swooping in or something is up retail doesn't know about. No one gets paid to do this, to write like that, at least I've never seen any kind of job like that ever listed. The long eloquent bearish messages began to spike about a month ago. Some even imply a sort of corruption behind the scenes. Who knows what's really going on. What I know is the shorts are ensnaring Vonage; even Motley Fool seldom mentions Vonage any more. As far as retail investors are concerned, the reputation of the Founder is indefensible. Looks like the battleground is being laid out and Vonage seems ill-equipped to win. It's like Vonage lacks the resolve. Not sure why. The overall theme of the last month is: If Vonage is doing it, it's probably not in the interest of retail shareholders. That theme and insider sales literally broke an ascending triangle formation. Wrecked the chart.
That was a very interesting pile of rubbish and it was almost working considering the usual PATHETIC BASHING we get on this board along with LOTS OF ALIAS CHANGES to distract from the obviously few basher(s) that are actually here AND, OF COURSE THEIR FEAR TO POST ANY SHORT to back up their own convictions.
UNFORTUNATELY for PATHETIC BASHER(s), any check of the facts on Nasdaq CLEARLY REFUTES YOUR BOGUS ARGUEMENT.
FACT: In the last 12 months OVER 8.4 MILLION SHARES HAVE WISELY ABANDONED the short interest for Vonage.
On 2/29/2012 short interest was 13,446,978 shares
On 1/15/2013 short interest was 5,026,288 shares
That's a SHORT INTEREST SHARE REDUCTION OF 8,420,690 SHARES - KILLING YOUR BOGUS ARGUEMENT.
Is it ime for basher(s) to think up A BETTER LIE or just CHANGE THEIR ALIASES AGAIN?
Maybe it's time for folks like you to FINALLY COWBOY UP AND POST A 20,000 SHARE SHORT to back up YOUR OWN CONVICTIONS and prove to everyone (just BEFORE earnings) just how smart you are.
So much skepticism on this company's growth prospects. The short position being lower is how shares have gone higher, not on their own merit. If shorts closing out old positions is through, VG can end up in dull sideways pattern without a dividend for patient shareholders. The hype days that a FB or Sprint might buy an internet phone company are long over. That hype wont repeat. FB now has its own phone technology. These shares will be flat. Shorts and longs do not move in when the price is foreseen to be flat. Think that's what the "baked in" comment was about. I fear that VG can linger along sideways a very long time. Seems like that's what management wants for some unknown reason contrary to shareholder's interests, or even worse that's all Vonage is capable of squeezing out of this untrusting market. VG sells at a lower multiple because Wall Street does not like or trust VG. Sideways it is.