This stock goes up and then consitently down like a seasaw, losing all the gain. It never seems to hold the gain and rise consistently. Given the revenue growth, I can't quite understand why this stock does not move and does not make money!
It also bothers many people that the CEO sells shares every month seeingly beyond the number of stock options that are due to expire. It seems he has little confidence in the company himself and simply wants to take profits as soon as possible.
While I am long this stock, I am beginning to think it might make moe sense to alllocate my money elsewhere.
Listen to the last conf. call and you will get your answer on options sales....they are automatic and he uses them to pay taxes and some diversification...management has held 80% of options from day 1....accumulate on dips....it will break out...this is an investment in a great company....
actually, regarding profitability, this company has been spinning its wheels since day 1
and they've had plenty of time since the IPO
management shows no ability to control costs well enough to produce positive earnings
if you buy at this price you are making a highly speculative investment in a company that has shown no ability to generate earnings anywhere near high enuf to justify its current stock price
and contrary to the expecations of some, once they do finally generate a profit -- if ever -- the stock may sink like a rock as it will finally be apparent that VOLC is not growing or profitable enuf to warrant such a huge premium