Before their first earnings report is really taking a chance.If they do not perform they will take a big hit and be trading at 10 or under.If they do well,one can buy in without the downside risk of holding through their first report.Smart money is getting out until then..The other worry is the lawsuit.Some investors are taking this lightly but if they loose the suit sp will drop like a rock!!
The lawsuit is bogus....even if AKAMI wins it, we all read the articles on Limelight's ability to work around the design. Solid customer base....solid financial backing....and below the IPO price.....come on! I believe they do well and I am doubling down on this frantic weakness.