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Ubiquiti Networks, Inc. Message Board

  • rndyjensen rndyjensen Feb 7, 2013 5:25 PM Flag

    GREAT beat on top and bottom, guidance beat on top and bottom

    looks like we our on are way to the $20 area.

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    • The big thing noone has picked up on is the buyback.

      They bought back 1,500,000 more shares and now there are less than 8,000,000 outstanding and 3,000,000 short.

      It is going to be impossible to cover.

      • 1 Reply to mrcnbc
      • This was as of 12/31/12

        They had $45,000,000 left in the buyback and the could have and probably did buy back more stock in January.

        This is now in strong hands and technically can and should go much higher.

        Pera said all the right things and they have implemented all the things you want to see from a young and growing company.

        Products are good and new products coming, supply chain is good and issues resolved.

        Industry is still early and can see hyper growth for years to come.

        One other thing than nobody picked up on, Pera spoke about the channel and user base and how their are other products and services that can easily be added to the WIFI being sold today. This is a stock that has many lives and can be a 10 bagger over the next 5-10 years. Take a look at Apple and Google and Cisco early on and this has the same traits.

31.67+0.27(+0.86%)Feb 12 4:00 PMEST