I seldom make my stock picks public, but I let
this one slip over on
with the big kick-up in volume today, and large
blocks trading, it looks like we are quite close to
filing of ipo. Good to see volume exploding and mid-day
it looked like we were headed for $17.impossible to
comprehend how anyone could short this stock.
Work is featured in Investor Business Daily's
focus stock. The article cits WORK's paln to expand
e-commerce unity from an intranet software platform to an
Internet site that targets the small office/home office
This is a good predicator of things to come for WORK
shareholders. The IPO of the E-commerce business is proceeding
well. I continue to think that this stock is a double
with underlying earnings and the IPO providng the
Nice to see new faces and information on this
board. It is refreshing to read non-vulgar intelligent
discussion even when views are quite divergent. In any event
it was good to see Work walk away from a deal. I
would like to see volume increase as market seems
poised to make new highs on a regular basis
and very happy that our management team seems to
have a growth
plan that includes aquisitons,but not
at any price.PBSI at
10 would have been a big
bite too chew.
As for rumers on this board the guy
was right.I couldnt verify
his information so I
was a little sceptical but it turns out he
something we didnt.Im buying again tommorow below 15.
I really did not arbor any ill-will. Your post is
fine. You sound like a fundamentally sound investors. I
too think this stock is worth $20 $25/share. The IPO
will bring exposure to the valuation and serve as a
catalyst for the stock. Management has proven to me its
discipline by refusing to overpay for future growth. I think
the market will respond very favorably tomorrow.
I expect that management will consolidate this
industry for several years; hence, I would not sell my
stock despite garnering a double. In fact, I purrchased
stock on the pullback from $16/share. While this is a
small-cap company, I think that the market cap may approach
$500mm before we are done (including the Internet
In summary, it is a cheap way to own two businesses
without the risk of the typical Internet stock.
You took it a bit too personally-whereas my post
wasn't really directed at you (sorry, you got that
impression since I hit 'reply' to one of your
I'm not necessarily a purist, I'm just a small-time
investor that appreciates solid news/info/analysis on
stocks. I stumbled on WORK early this year and picked up
some shares @ 7 and have happily held them. I have
enjoyed the tone of this board-unlike some of the other
stocks I've invested in (DELL, AOL, NSOL)-you've seen
some of those boards, haven't you? So, hearing that
(and that my post wasn't directed at you), do you
better understand my point?
I don't have a great
deal of insight/analysis to add to what's been posted
here in the past by others. I suspect the company is
worth every bit of $20-25/share basis its base (highly
profitable) business plus the proported internet IPO. I have
a lot of confidence in its management and I like
their business model (as I understand it, print to
order, order via net).
I think the stock is
headed above $20 by year end, but with any run up like
its seen, there is measureable risk of a dip
(especially with any market correction) to pull back.
Nevertheless, I decided not to take any profits yet (I am
considering selling half of my investment since it has
Insightful post? Probably not.
Absent of rumour mongering and bullshit? I think so.
That's all I'm hoping for. Good luck.