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Procera Networks, Inc. Message Board

  • bronkosaurus bronkosaurus May 13, 2013 8:23 PM Flag

    Shorts

    Today, 35% of PKT trading was by shorts, 106,484 in overall trading of 302,600. Can expect more of the same unless more buyers come in.

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    • we need a buyout bid or the industry fundamentals to improve, then shorts will exit. look at TSLA, shorts are 40% of the float last week. just got their head handed to them. soon to happen in PKT.

      • 1 Reply to stb8444
      • Pullback is not at all surprising…correct me if I’m wrong but JB projected operating losses for this most recent quarter and the upcoming quarter….Fall 2012 is still a ways off for us and another miss in upcoming quarter not unrealistic. We should get chances to buy this again around the 12 level….very encouraging to see that there will be buyers if/when this company delivers on some of its hype…….that may seem like a strong word but after the recent disconnect from management’s bullishness to their poor earnings I’m personally downgrading Jim Brear’s words from “bankable” to “subjective hype”…..

 
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