My estimate is that the high-growth phase of this company/stock is over. This is a highly competitive market place and these companies are pushing hardware on a deal by deal basis. I also have a strong knowledge of the market place and know that UBNT has a low-price but the performance is at the lowest end in the competitive landscape. One earnings miss and this trend will reverse.
Good call. Hope you made some huge money! I am still long, and waiting to get in when I think it is going to be a fabulous entry point. One more thing...maybe you should short everything....if the decline continues the rest of the market will catch fire and it will be a race to the bottom for ALL stocks as people get out NOW!!!! RUN for the exits!
Reading through this post again reaffirms my notion that very few have a clue to this industry, what rural and suburban WISP's are really about, what UBNT is about and just how large this market really is. Good, more for me, and a few considered others. ( and lets not forget 'ol Poon...buy-sell, sell, buy no..no..yes OH THIS POS stock LMFAO, Poon you are the best)
Sentiment: Strong Buy
Toymachine, how long have you been short this? Any comment on the fraud potential with almost the whole board turning over, two inhouse councils gone in the span of 9months and a the "charge" on inventory in Latin America?
Sentiment: Strong Sell
I agree. Growth stage is over. High speed Internet is now *absolutely* everywhere - entirely throughout all developed, emerging, and to-be-emerging nations. So much so, in fact, that around the world - from Timbuktu to Kalamazoo to Fangchenggan - the dilemma is which of the plethora of inexpensive high-speed Internet providers to use! Additionally, there has been and will continue to be miniscule demand for IEEE 80211.ac, as there is absolutely no need or demand for so much useless speed. Everyone knows that waiting for data is the perfect time to kick-back, prop your legs up, sit back, and relax!
Thanks, so much! Your compelling arguments have absolutely convinced me, and many others, I am sure - this sucka is gonna drop like a rock in the ocean! I'm sellin and shortin, ASAP!!!
Just want to re affirm my short UBNT position @ 52.11 as I am seeing others discuss a tipping point as well... Q1 is THE slowest quarter for hardware pushing WLAN vendors... This is a Gartner FACT... RKUS... MERU... ARUN are all in danger as well... Trade wisely between now and earnings
Today marks the beginning of the end... large short position taken @ 52.11 earlier this week.
Q1 is the weakest quarter of the year for these network hardware pushers (source: Gartner IT). An earnings miss will send UBNT crashing hard like competitors RKUS, ARUN, MERU... I have a feeling the big guys are minimizing their risk with Q1 numbers.
I rode this stock up and I am riding it back down. My intention is to simply inform you all... not to bash the stock.