trading at just 2x book value makes this stock one heck of a bargain!Excellent gross margins at around 78%Positive free cash flow!Positive revenue growth!Are you people kidding me? This price is a gift! Just bought 1500 shares at $18.43!
If it is as good as you make it out to be, why do you think the short interest is close to 10 million shares?Do you think the shorts know something you do not? Just asking. No need to flame......
What? Short interest is 8.1 million shares, not 10 million shares.http://www.nasdaq.com/aspxcontent/shortinterests.aspx?mode=&kind=shortint&timeframe=&intraday=&charttype=&splits=&earnings=&movingaverage=&lowerstudy=&comparison=&index=&symbol=ffiv&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&symbol=&FormType=&mkttype=&pathname=&page=short&selected=ffiv3 days to cover.Remember last time FFIV report earnings? It went up over 20%! It will do at least that when it reports again in a few weeks.Agree with smooth...this is a bargain.
Don't forget about the stock buy back.The way I see it, all the bad news that the street is expecting (FFIV's 23% exposure to financial sector) is priced in this stock.3 years lows? We should be so lucky to be able to buy in at these levels!