Any thoughts on how low we can go? The company is making money and seems a viable operation. And yet, it looks like it's going under. I don't understand what is going on. I look at $3 and am just amazed. Even in this crappy economy we still are making money. Anyway, thanks for any comments.
probably some layoff's coming, PRFT will shrink. I dont think they will go bankrupt because it should be easy enough to shrink faster then business falls off. PRFT needs growth to go up by a meaningful amount.
Not sure what is to like in PRFT, im not a value investor though.
This company is up for sale. Stock is priced for it. Or there is a possibility there will be merger. Also three days ago there was some options activities. The very fact that Perficient is not defending its stock implies that merger talks are in process. This is my guess.