WE SHOULD SEE 51/50 by end of day. IMHO. That volume afterhours is just someone trying to goose opinions about the prospects of this POS. Clearly in my mind the pre-earnings run up has more than adequately priced in any gains. There were no gains in Net income but the company did the old bait and switch...saying future looks good. So guide then. No guidance means they have no idea what if market is saturated. That means to me, look out. IMHO.
I like your DD sir. I may disagree on the price this should be up, but I think we both agree on PSTI. What other stocks are you following close? We may be able to network. I am generally very good at trading earnings and do have a few connections. shoot me an email firstname.lastname@example.org
Buddy, the only reason you would post such
ridiculous nonsense is that you were caught
short ! IMHO
Ooops, Sorry !
Last quarter, the company announced an in-line
quarter and was severly punished.
The stock was trading above $58.
Their "new" full cloud product offering will
raise ALL expectations over the next few
quarters and investors, as well as analysts
will and are recognizing this already !
RAX will be trading above tonight's close of
$55 by the end of trading tomorrow...easily !
Better cover quickly or you will be buying it
back above $56 or $57 tomorrow !
I bet not. This is not a technology that is special or even unique. They have no real monopoly and thus will be crushed. This is just a flash in the pan. The stock's valuation is rediculous. I would expect to see EPS of 5 dollars a share to justify this price. I never see that happening. IMHO.
What a knucklehead. Did you guess wrong and short this stock? While I would be surprised if this stock goes higher tomorrow than what it finishes after hours I do think it will finish higher than it did today. And if the market goes up again tomorrow this stock will finish 10% higher than it did today, imho.