I think they will buy Bridgeline sometime this year, Bridgeline is selling a 50% discount to sales and enterprise value. They have some of the same clients. Bridgeline also has Twitter plus UPS and UPS stores. Telvox. Bridgeline needs cash and is doing cost cutting. Stockholders would welcome PFSweb. buyout and it fits there needs.
I have been talking to several interested parties about the company. I will not speak for them, but we agree their is value here of $ 3.00 a share in a private buyout/takeover. Plus I believe they can cut out some costs reducing cashburn. I don't know about employees leaving other than a certain business unit was not meeting its goals. I also feel [JMO] that its a strong buy for me @ .90 or lower. I have beaten management up a little. I am not some crackpot I am on CC's asking questions also someone who puts real money into something I think will go up. I was short and I told management and investors/people I was. My view is going long, I am not a day trader that will be here in the morning and gone by closing. Massie meet me several times years ago and knows where I am coming from so I never blindside him or Prin with my opinion's of their management style. Stockwatcher you seem to have some information I am not looking for a overnight jump in price but I there is a strong bottom @ these prices. I have had hard time buying any large amounts the last week. Goodluck to all and again I am not telling anyone what to do, just what I am doing and why.
they would get new coverage putting a $19 level . They were @ a Food Show in Chicago this week. I think many food suppliers wand retailers will be signing up soon.
Thanks, the big growth is with the franchise side. They get sales help from some of their partners. IE UPS for enterprise business. I have met that team of people and they love Bridgeline.
It may go there, but not until they show a great quarter. They blew the last one with a large loss more then. anyone thought..
Sorry about the 10 stock price said by Mike. I listen to the replay and it was 10 in three years. Not this year. Again not making any money until 2015, so its dead money until then. I think the price will drift down 10 to 20 cents more this year. JMO. No one will wait 20+ months to see a stock under 1 dollar go to 1.20 during this time
I am so glad you are worried about me. Also I am sure you can tell them what a great job they have done so far. If you think I can talk down BLIN on this message board you are wrong. Besides the day traders last Friday no ones reads or post here. Good luck with your investing style and good luck to anyone thinking they have done a great job.
Good thing the CEO didn't buy stock. Hey their is always next quarter. Any more empty PR's out there? Let's buy another company to use some cash. What will they do?
They have said that 3 times now. It is getting old. They are very poor at telling the truth, worst with cash management. Did the CEO sell more stock? The board of directors for this company is a joke.
netted 3 million dollars. That should answer the cash needs for now. I hope management is going handle the cash better than in the past. No more stupid add on companies that bleed red ink. Let's get this thing rolling. I am looking for a opening price of .85 cents Tuesday.
You will be able to add a lot under a buck because they will be selling stock soon. Its their MO for the last few years. Maybe the CEO and directors will sell too. You can add plenty then. If its so great other Taglich buying Why are they not buying? What does that tell you? They have had many chances. Your time to buy @ lower price will come this week, so back up the truck and go all in. JMO. Day Taders Wanted Monday.
This week is my guess. Release PR with vague details, such as how long it takes to see any revenue from new deal. Sell stock under a buck because you need to cover creditline. Get ready to report another missed quarter because of legacy business drop off and new business lagging just a little. This company needs to be honest with long time shareholders not day traders about the real timeline. Not making excuses quarter after quarter. Longterm Bull shortterm I need to see real results. I want a strong balance sheet and a backlog of business that's has growing earning I can trust. This is something I told them years ago. We will see what happens Monday when last day traders get out.
Did you use the term START UP for these guys? Its no start up. Melt Down yes. Its been in business since 2008. It has never made money in years and may not for many more. They keep moving the line. Maybe the truth hurts.
So you think its ok to pay the bills using the creditline? You are right this is not the deal they have been hinting at. This one was put together as a band aid and PR stunt.
2.50 is a wet dream right now. They will be issuing stock very soon. They are living off a bank creditline. Learn to read the 10q or PR's, listen to CC.
They still need to sell shares and get operating cash. Someone should have told them "ITS SPRING BREAK" Will it open under 80 cents or over 90 cents. Look for stock offering next week under a buck. JMO.