The author of that article also claims on his blog that job ads specifying a number of years experience as a qualification are illegal. I want my 15 minutes back wasted reading that article and the related rants of that article author.
The author is an idiot. Read the intelligent, knowledgeable Comments after the article. Sell? Look at a six month or year chart and you'll see the volatility. This is one of the downturns that will reverse and this cloud company that has tons of cash and expertise will be near $50.
RJ, Wow, you have found the one disgruntled geek out there who passed the high bar of getting published on Motley Fool. I would certainly form my investing decisions on someone like that! After all, $1.1 billion in cash on hand, short term investments, and receivables is hardly an indicator of their financial health. That Fidelity, Vanguard, JPM, and indeed 375 institutions own 98% of this company, with their army of analyst is hardly comforting. The disgruntled geek is right, RHT is in deep trouble. I suggest that you scrape together every dime that you have, leverage every asset you own, and short this stock to the stone age. Good Luck RJ, and let us know how that works out for you.