Valuecont is correct. It was revised to negative watch. You can go to S&P and look for it yourself. http://www.standardandpoors.com/en_US/web/guest/ratings/ratings-actions/
We will not shoot you...for many you are already dead! Why waste a perfect bullet? Bottomline is the company has solid assets but the management is not trust worthy. Until they get that resolved, it will move up a bit, down a bit ...great time for day traders.
"Even after the price drop, Box trades at a forward P/S ratio of 7.5x. That's a little steep considering Box spends nearly all revenues on acquiring news customers. This is something competitors with much deeper pockets could do at a greater scale."
Box needs to address this soon (before next earning) and here is why. The market is filled with deep pocket companies that can ride it out and can also take a 10 to 15% correction in tech market. NASDAQ, in my opinion, will drop 10% as we approcah Summer and thats when it will test the new comers like BOX.
Just my opinion.
Strike 1 -- CEO should have known long time ago the analyst consenus. He should not bring the confusion part after the ER. You are playing with big boys and know your game. This is no longer privately held and he should know everything gets out.
Strike 2 -- Forward looking statement was not as strong. In this inception stage I would like to hear more about how you are going to be competitive in the brutal cloud business
Long term those numbers mean something. Short term -- if people are exicited about it why is the volume low and why are folks not buying? Bottomline is the sector is very competitive. Box is trying to focus on niche services. In 18 months time, if it has a strong customer base it will be a take over candidate.
People on the edge, looking for clarity from the company tomorrow, health of revenue, and growth. My take -- don't make your decision based on low volume.
It is going to be up unless it is down because of missing number. But then again it can go up while numbers point down. What do you think? Wait...wait let me ask Aaron Levie.
Very nice. Do you want the board to praise you for your sharp investment decision? If it makes you happy..well done! Do let us know other things in life you are planning to do. Good luck.
If you go back to the Forbes article it clearly shows the BOX is a fast mover and more charismatic. Perhaps being independent and agressive with their innovation and technology implementation is important at this stage. I think after the IPO, BOX should soley focus on its innovation fundamentals, customer acquisition and growth. I will not be surprised if the sector remains strong it will be acquired within the next 18 months.
"During the time of peace, prepare for war and during the time of war, prepare for peace" -- Sun Tzu. When the board is filled with too many negatives, you know shorts are getting nervous. On the same token, when there are too many people pumping the stock, you know people are ready to cash in and exit. If you want to be an informed investor or trader, look at the fundamentals and make sure you take into account companies maturity and the sector.
You keep drumming the same s** from day 1 and every couple of hours the type of posting. Probably you are posting here under different ids one for up days and another for down days. Bottomline...no one cares for this message board. BOX could be a great company or BOX can be a bad imposter or somewhere inbetween. What is true is that it has only few month under its belt and all new companies swing this way until their first earning, guidance, forward looking statement, general health of the sector etc. Your messages are simple not providing any valuable insight or analysis. I have respect for the investors (shorts, longs, puts, calls whatever) but you are just annoying pest.
I don't know what you are trying to drum up without any technical analysis or basis. BOX is still in its honeymoon stage. Until the volume stabilizes and the short term traders exit, you are always going to have up and down days -- yes you may get 3 up and 3 down days (congrats!). As I noted yesterday, the stock almost reversed and close with an up tick. That shows that BOX fundametals are being considered by the investors. Also look for spread in the buy and sell orders. Market sentiment and our friends in Greece will affect the market, but as a company, BOX is doing decent PR job and has held its position well. Purely going on the investors, I think BOX has a great backing. I do belive, that if the market is neutral or even little helathy, it will test $ 24 in the next 2 weeks and $40 in June/July timeframe.
I think it will reverse to small positive gain by the end of today. This was expected. Short term investor will be taking their profit.
Glad to see the volume is stablizing as expected. I think this stock will move sideways in the next few weeks before it tests the high. Based on the news from the company (if it translates to good revenue growth) expecting $40 in June/July timframe is not too far fetched.
Can you provide the link to where the target price was cut to $12.50? I understand downgrade happened.
When there is too much negativism about a stock, then shorts are getting nervous. When there is too much optimism, the so called traders are ready to dump the stock. Correct or not, Cramer jumps boats too fast. If you are buying or selling based on his comments, you are just gambling. The insider buy/sell and investor information for BOX is all available as public record. Check them out and make your decision!
I belive most tech IPO stocks follow the pattern that BOX has been following. The volume will stabilize in the next 60 days. Also some early investors will exit for profit and you could see BOX trading in $ 15 to 15.50 range. But if fundamentals are strong it will go up. Remember the big time investors are not here for $2 or $3 profit. They want to see this stock trading as a growth stock. If you want stability you should invest in divident stock. I also think the stock after the lock out period may attract acquisition by big players.