Where do you see RVBD ending tomorrow after hours? I think it will be near 21. The call will be positive as they will want to outline the reasons why rejecting 19 from Elliot is the right thing to do. GLTAL
Believe me, I want the pop, but I don't see why it would since we all know the earnings already. I suppose the forward guidance and reason for rejecting the Elliot bid could give it a boost but I'm kinda bummed it hasn't run a little more, still hoping for a pop to $20.50 after earnings, with $23-$25 later this year.
They have disappointed the last few reports so the street is waiting to show them. I am praying for a good report. I dont think they would have reported what they did and show poor guidance. If they did that, the street would kill them. Kennelly has to give multiple reasons why 19 was a poor offer and it was rejected. This HAS to be a very positive conference. FFIV cited govt spending and they have been up each day since guidance. Plus, Elliot may even raise its offer, doubtfully, and Goldman has been advising on ways to increase stock price. Maybe Opnet is gaining traction. Catch up at 5:00 ish tonight. Let's all hope we have a reason to celebrate.