question - given the company continues to lose money and with the lawsuit overhang, why should this currently trade at the current p/s ratio? Also, the timing of the CFO news is not good. Maybe this is the low with all the negative news but wonder if the price is still too high and needs to settle in lower range.
if it is so hot how come LLNW cannot turn a profit after being in the business for so long. How is this an opportunity with their focus on legal matters that will indefinitely continue. How can the market justify a market cap of $170MM with the current fundamentals?
Why is this an opportunity to buy when it appears to be an opportunity to sell?
That region specifically will be a great long term market for Ceragon, with lulls in between. YouTube modi's visit to silicon valley and you will see that the small cell market has huge opportunity in that AOW with the desire to have internet access in all remote villages, train and bus stations etc etc
perhaps another offering around the corner or fed up funds with the 'its coming' story on design wins and revenue, consequently profitability
on all accounts this has been overvalued for quite some time. The recent earnings announcement and soft 2016 guidance puts ad and reduces the floor of where this stock should go. Combine that with a soft macro environment, the institutions are going to get out and reevaluate at lower prices.
This is a no brainer dead money play where shorts will undoubtedly attack at current levels.
I would love to hear a counter argument other than insider purchasing and 'its a bargain at $12 because it used to be $20.
these types of statements worry me. making money is not easy and things don't always repeat themselves. Look at those invested in MHR
somhow something seems fishy after hours. The smart trade was to stay far away from this from $5 to now....it may be time to buy this after the stinker earnings.
look at how common is trading after hours....barely a move down to .257. Perhaps the smart or in the know trade placed their bet while us idiots were piecing puzzle pieces. Open lower and end higher on all accounts (opposite of last week) perhaps?
is the market knew this was going to be such a bomb and stinker that it is trading unchanged after hours at 5:20. It would be even sicker if this (common) reverses and goes up tomorrow
you must have received the 'preferred' version. Us common shareholders got the 'read between the lines headed to bankrupcy' version