He meets EPS, beats revs. Says 1st qtr will be .23-.24 vs last year .20. which is 15%. I am just curious if it was your business, would you be happy or sad. He said OPNET would not fully kick in to 2014.
The CEO should have listened to Steve Mcaane, the Chief Technology Officer and never acquired Opnet which is slow growth business depending highly on Government contracts. It was a collusion between the Opnet brothers and RVBD CEO and some on the board. Good for Opnet, Good for RVBD CEO and mgmt., really bad for shareholders.
I have been a long for almost a year but I am giving up now. There is ZERO short-term catalyst, earnings guidance fluctuates too much, too inconsistent stock to hold in a volatile environment.
If there is any short-covering bounce in the next couple of days, I will have to sell and look for opportunity later. Might break the 52-week low with a potential correction coming for the broader stock market.