Investing 101 , 10 stocks with insider buying and short covering . Angle with Procera is short covering they intimate float of 6.34 million short position just under 800m. Punk insider buying 3,000 shares over last 6 months. On another note and aprapos to Hirsute comment to Search bought some cheap stock on Sept 9 at 7.26 for a trade tried to buy 2500 got filled on 2371 they just took me out a 10.66
Recall at the beginning of the year when I said PKT would do $40mil in 2011 and people blasted me saying that was unrealistic. The opportunity is huge and we're positioned very well.
Company is definitely extremely well positioned in the sweet spot of The DPI / IPE Space ; but in order to ramp in the manner that Search put out there we need the focused assistance of partners not a high hurdle :as of right now has not been reflected in our #'s. Can you say Show Me :)
I still think these guys may be the 'money maker' for this space, with an app that provides a proper toll booth. That's been how they've been peddling it to the universities, which is why they like it. If they can be that piece to other networks, then they'll fly.
I personally must disgest / process many of your thoughts , on the facade the two comments i will make your 50m Rev # for 2012 i believe is way too conservative . They will probably come out with guidance closer to what Search put out there 52-55 and hopefully revisit / bump those #'s as year progresses. 10% of market i also believe is a very conservative # moving forward. I believe through partnerships & OEM relationship as Procera better defines themselves as a best of breed a minimum of 25% is the paw print this little puppy should aggregate.