RVBD is a great value play at under $17 a share - Huge Upside Ahead
In my opinion, RVBD is grossly undervalued and deeply oversold. I expect to see a significant rebound and pop in its share price in the days and weeks ahead. The company met its Q4 earnings estimates, beat the street consensus on revenues and generated over $200 mm in net cash flow from operations. It's a high growth, high margin industry leader that will top a billion in gross sales in 2013 and it's selling for a crazy low 10 p/e multiple of its forward 12 month projected earnings. This stock should be trading at $30 to $35 a share right now with extraordinary upside potential from there, imho. Crazy cheap and a steal at any price below $25 a share. Do your own research and due diligence before ever investing in individual stocks.
I agree with you that the stock was deeply oversold, but it is out of favor. Every disappointment, however small, is punished severely. I don't see how this is going to be anything but dead money for the next two quarters.