So your whole thesis for shorting CCUR is Ledbed? I could see a macro argument that the overall market is in a topping process, but Ledbed????
How can I focus on that when management, less than two months ago, doubled the dividend, which is now 6% as of today? Did management do that for Ledbed???
Why are shorts, so often, so intellectually weak? I guess the smart ones never post. Kind of ironic that you bash (a negative pump) CCUR on Ledbed, when he does the same on the opposite side of the mirror.
I am net short the overall market, but long CCUR. Nothing signals improvement and confidence like an enhanced dividend. And CCUR did not have to borrow money to do it.
Have you ever given any consideration that a mere $80,000 of additional earnings equals .01 a share profit for CCUR?
Yes, if CCUR earns $800k more than last Q, we're looking a .20 earnings blowout. Would make CCUR cheap at $8 on earnings and a 6% dividend.
Have you considered that Cable MSO Capex spending has been flat for about 5-6 years and, just maybe, is cyclically beginning to pickup. Now, CCUR has added several new European customers to its base, including Virgin Media. Kabel Deutschland merger is finally done and it can now start multiscreen implementation that was to start in mid-2013 (per its October 2012 presentation)? That the dividend raise may be simply be a recognition that revenues are about to pick-up?
Why would anyone short a company that just raised and doubled its dividend to 6%? I would think there is a big laundry list of better short candidates: companies who's good news is already out and now fully priced into the stock.