bottom line they did the same trick with ADSK, went up on earnings warning, then gave it all back. someone is trying to get out here from their positio, only idiot would go long on this target and warning this size.
where are the Motley foold and seeking alpha guys? Are they all part of this cloud magic word?
I cannot believe this. This is a not much growth company. Just because they are moving to cloud, new customers are not going to jump in, or companies are going to pay more than what they were before to change their licensing structure.
The company has already reduced their Rev and EPS accordingly. Wow.. this is unbelievable.