I'm hoping the market finds this dilution accretive to DCT......might not happen in the next few trading sessions, but I'm hoping this flushes out weak hands and then the price moves up. I actually like this move....lets get some cash for additional land and development. Barriers to spec development remain high, cap rates are lowering, and industrial demand remains high, unlike office demand.
I am staring at an empty Steelhead box outside my door which IT is installing in the Server Room. I work in a Branch office for a Fortune 1000 Company with over 40,000 employees globally. I was drilling the IT folks about the technology and is there anything better out there. They said we are installing the Steelheads in ALL of our offices right now. They said there is nothing better on the market.
My last post was about my neighbor saying his buddies have recently accepted jobs at RVBD sales positions all bodes well. STAYING LONG!!
With a typical 30% premium, I pray they don't get bought out until our stock is above $30/share.......anything before that would blow!
I'm been extremely negative thinking our technology is becoming obsolete, but I'm staying long! The reason is my neighbor owns an IT Company that services major vendors such as Microsoft, HP, and others. I mentioned RVBD to him....he said not only does he and his customers continue to use Riverbed products, but he recently had 3 friends take sales jobs at Riverbed. They came from other firms because they loved the future of RVBD. If these guys are as good as I think, they did their homework. I trust they know more than the analysts. I'm back in!!
I used to love this stock, but time has passed it by. JK should have sold 2 years ago. We're headed back towards all time lows while market hits all time highs.....JK too proud to sell. Will linger for years in the $6-$7 range while JK hopes to find the magic formula like he did 12 years ago.......won't happen. Sad story unless you are JK who continues to give himself and the Board unlimited stock and he keeps selling it immediately upon receiving.
Sheep skinner, are you one of the millions of shorts on this stock? Way to follow the herd.....it's time to change your name.
Great run from $92...........pigs get fat...hogs get slaughtered. Munoz.....post all you want about shorting at the top of the market.....I'm out with a huge pile of your cash!! Thanks!!
Gotta love dumb short rookies....its like picking a fight with the biggest kid at school......just plain dumb!! Thanks Munoz (aka Slimjim) for your money. I'll put it to good use. Rookie.