I was listening to the call when all that took place, and it was at the moment when CAPx was reported. Later on during the Q&A, it was explained that the increase in CAPx had nothing to do with networks capacity expenditures, which has fallen over the year's, and is stable at 8 or 9%(can't remember the number) of sales. So, cost of network build out as demand increases again, is stable and getting better. The increase in CAPx is for all the new and future employees as the demand for all services increases as was explained.
What a great Q1. Here is Akamai investing in their future just keeping up with the demand, this comment is based on fastest growing security area of the business, which they just are taping into, and you get that sort of knee jerk reaction in the after hours. It's like a casino, some guys are just on the wrong side of the bet. Tomorrow's action will tell the real story, and IMHO it will be a good day for longs. 2015 is shaping up to be great year for Akamai, and if the market is looking forward there will be a steady rise through out the year. Tomorrow you may even see nice jump as covering begins.
Sentiment: Strong Buy
Some smarty bought 3,346 May put options with the strike price $52.50 he is in big troble. May be he is trying to scare people so he can get out. Tommarrow weekly options need to be made worthless so big guys will try to play their games.