small cap syndrome going on here the past 4 weeks with shorts beating the #$%$ out of a thinly traded stock. if you understand enterprise software you realize that overall LPSN is generating positive cash flow and growing revenue at 20% or more which is by all means very positive metrics. they have zero debt and plenty of cash.
i picked up some shares in the low 8's yesterday while the short selling continued and KNEW that after earnings there would be a pop if you follow whats happened after the last 2 years of earnigns calls. No big sell offs, no major downward revenue guidance its always been a well run software company.
the markets right now are looking for any equities to pummel on mediocre news like TWTR and YELP who were both punished today after earnings.
but software / tech companies with solid technology and strong customer value proposition and competitive differentiation which LPSN has will prove out to be a good investment at these absurd low levels.
will laugh hard when this opens at 9.75 tomorrow morning and the shorts go ape #$%$. especially the #$%$ seekign alpha guys who write nothing but BS and while they were right 2 months ago about the stock fall they were totally wrong about todays news.
matter of time and you'll see a few class action notices i betcha....bunch of lies and misrepresentations the past 5 years with these idiots. i took it in the behind today and shame on me for not pulling out when i knew better..... ouch!!!!!!!!
for a company who delayed their earnings call and postponed their annual shareholder meeting, its very strange seeing these high percentage pops on relatively low volume....... this has been a painfully slow 5 year story from 8 bucks to low of .19 and dangerously close to emergency financing and delisting again.
but i hope they pull a rabbit out of the had and surprise people. max upside at this point to me is about $2 per share which equals 5x sales, plus the IP and patent value plus sight premium paid by the suitor.
would like to see graves make a public appearance and say something positive about whats going on with the company since he is the lifeline and 30% major share holder with the most at stake with this company