I am astonished by how little attention this company gets here on the Yahoo! board.
Despite the huge rise in the share price over the past 5 years and the ongoing strong fundamental and financial performance, the board is virtually dead. Pretty much the only people around are ones that have been around....longer than 5 years.
Management has executed a classic turnaround, and the company now is valued almost like a growth stock. A decent-sized M&A deal or two will get SPA within shouting distance of its 2015 revenue target of $500 million, which seemed like a fantasy at the time that it was put forward.
Well, that's the amount of the rally as of 11:19 a.m. market time today.
I think it is likely because of CVE's inclusion on a list from the Credit Strategist at Socgen of
"credits where potentially activist investors have large equity stakes" and the equity has performed poorly.
Unlike insider filings, Institutional fillings are filed with quite a lag, and these
more than likely represent actions taken during 13Q4, i.e. months ago when
the stock was falling. Of course, those shares were bought by others.
I guess after this week that "head and shoulders" now will be referred to as a "double top."
Chairman of the Board Michael A. Davvis purchased $50,000 shares on 19 February 2014 at $5.34 per share.
Given the move in the shares that day it appears to be an open market purchase, and I assume $5.34 was an "average price" for all of the shares.
Well, slap my face!
You are another shortiot, huh?
what planet are you on.
There is no "warning" in their preanouncement, you boob.
No, paths, that message is also STUPID.
The company already has pre-announced the most important numbers for revenue and e.ps. as preliminary numbers on 3 February.
I sold all of my CYAN shares except a puny piece to keep it on my monitor.
Since I don;t marry stocks and only have dating relationships (though sometimes we "go steady"), I will look for another opportunity to ask CYAN out, or maybe even go for a long weekend somewhere.
Metaphorically speaking, of course.
I reserve the right to be completely wrong.
However, I view investing as being like a baseball batter but there are no called strikes.
Thompson Reuters is a media company, not a primary equity research provider.
Their upgrades" and "downgrades" are pretty much meaningless.
The stock is acting normally again.
If they are going to earn anywhere close to $1.50 a share in the current fiscal year, there is no
reason for the stock to consistently trade below $15, so there is still some nice upside!
Stock is down 91 cents on the news after having rallied into the earnings report.
There is a conference call, but clearly there is continued situation that investors do not like.
I have to read the release now, then attend to the cc.
NONE of the buyback has taken place yet, you morons.
The company can only buy back a specific percentage of the average daily volume per day and can't trade in the opening and closing 30 minutes.
They are still in a blackout period from the Q4 earnings, probably until the 10-K is filed.
Yes, they should not trade at the same yield, but the yields should be closer. Almost nothing IG yields 7% these days even in the MLP space.
It means the dividend was accounted for as a return of capital and the amount that the basis was reduced by is not currently taxable and therefore worth more than a regular dividend.