If I remember correctly Peter built his position when I did prior to the 10 for 1 reverse split. I don't know for sure if he took some off the table like me in the 20s but I suspect he did. So if he is sitting on about a 180% profit with the balance and you're stting on probably a 25% loss( and maybe more) what exactly does that prove about you?
I can smell cake boys stinky paw print a mile away , he had a good handle on this space :) , his take on Allot
wedgecake • May 6, 2013 1:01 PM
Q1 EPS range +.06 to +.13; consensus .11 to .12 and whisper # of .10
FY13 eps of ~ +$0.64 (range +$0.55 to +$0.74)
Q1 sales 26m to 29m and consensus of 27.5M FY13 sales $115 to 133m with consensus of 124M
wedgecake • May 7, 2013 1:35 PM
Allot missed topline, pure and simple , due to Eurotrash 2 qtrs in a row of sub 1 book/bill. Book/ Bill above 1 Q1 and starting out way above 1 for Q2, 2013 so results are 2h back-end loaded. A 9m dollar mobile whale just landed Q2 as well.
I've done more DDR in this space than Peter Cohen who I do respect. The mistake I made short-term is thinking that Allt would exceed reduced forecastl based on PKT results.. They did yest but not today (+.55 and now -.48).
Why would I switch from a P/E of 19 to a P/E of 65?? Not because of EV metrics. I'll still take PEG ratio anyday .and Allot's waay below 1 and book/bill above 1......................................Current estimates for Allot Top Line under 100 million " 96.7 " Botton Line 0.10 cents Arrogant #$%$ was looking for 124 million / 0.64 loud talking fool