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Crexendo, Inc. Message Board

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  • billhock5 billhock5 Mar 1, 2012 12:03 PM Flag

    Crexendo in 2012

    Listened to the CC... and while the negative is the sales staff ramp up delay and regulatory delays, mgt was pretty positive about the plan and overall progress. As long as there isn't dilution used to incentivize sales superstars... I think anyone in EXE at these levels will be nicely rewarded with a little patience. A lot of updside with such a small float, their strong financial backing and good mgt.

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    • I expected the price to drop below 4 after the news of the operational delays for Q1, and while there was some selling, someone else (Mihaylo?) scooped up the shares and the price seems to have established a base around 4.04. I have confidence going forward, and look to pick up some shares (albeit not in lots under 1000 sh) if it does dip to 4 or below.

      • 1 Reply to billhock5
      • As happens on low volume stocks, any volume will break through any thesholds. The bottom is falling through, with Steve Mihaylo's quiet period coming up next week. He made some big purchases the past few days but may be done for now, perhaps with another purchase or two the next few days. Once the quiet period starts, expect this to drop to the 3-3.5 level for the near term... then expect little to no volume til we get close to Q1 news.

        Looking for a multi return on this one in 2013 for those who establish a position at these levels.

3.150.00(0.00%)Jul 29 4:00 PMEDT

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