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Pegasystems Inc. (PEGA) Message Board

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  • calcutta_jim calcutta_jim Oct 25, 2010 12:41 PM Flag

    It's now obvious the shorts were baited by the big boys

    Did you just start following this stock yesterday, like apparently a lot of shorts have? Otherwise you would know that:

    - Earnings impact this year is due to an acquisition, i.e. the company is growing, not shriveling up.

    - Pega has continued to crush the top line quarter over quarter for the past few years, record revenues each time with upward revenue guidance on many of those earnings releases.

    - 89 new employees added last quarter, when everyone else is laying people off.

    - The company is in land grab mode, not "protecting earnings mode". Earnings don't matter when you're grabbing all the business that's ready to be had and further entrenching yourself as a leader in the space. You can fatten up the bottom line later after the lion has eaten all it wants.

    Today is what happens when traders take a quick look at the bottom line and pull the trigger on a short.

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    • I understand everything you are saying...really....
      do you understand a P/E of 130?
      And the likelihood of a huge miss on earnings?
      In 3 years you are right...in two weeks though...I dunno...looks kinda tough for them to support a P/E of 130 thats all.
      Just saying...

 
PEGA
26.56+0.46(+1.76%)May 27 4:00 PMEDT