I think it would be safe to say that a fine line exists between a casual tweet and pumping. Icahn did tweet about his son and partner getting on the board and felt confidant that NUAN could triple.......like HAIN after his son joined that board.
I think people just have to get the instant gratification idea out of mind. NUAN is a turnaround. Ricci will get fired, some high flyer from goog appl or msft will take the reins, the buy back will shrink the float and the pps will climb to 30 or 40 bucks. This just won't happen overnight. It is going to multi year transformation. You liked steak when it was at $18 and now you have a chance to buy it for $13. Buy
Sentiment: Strong Buy
Look at CHK chart from the point of Icahn's activist announcement. It would appear that this drop may be fabricated in an attempt for NUAN to have success with a share buyback that has been mentioned previously. Later we will hear that ??% of shares have been taken off the table and the new float is ??? Big money knows exactly what the Icahn boys are up to . Last couple weeks have been a no brainer short.
Think of it like this: A big Fat person (NUAN) has to loose the weight (float) before they build up their endurance. The first thing they do is take baby steps.....knock out the donuts, maybe cut out the soda...then they start to walk more and get a little more active. No more sitting on the couch eating ice cream at 2 a.m.. Next they start the awkward jog....fat rolls bouncing everywhere, double chins flapping and they start to eat subway. After about a year of this hard work they really start to feel good. They successfully dropped 147 lbs. and now they feel great....but they still have all that weird loose skin.. They now feel like they can take on the world...so they start making commercials showing their great results and getting paid$$$! This is what is going to happen with NUAN. Early Icahn investors are going to have to sit/wait for all the weight loss. This might be tiresome and uncomfortable for many.....nobody ever likes watching all the hard work...they only like watching the end result. Nobody is ever friendly with the fat kid....they just kind of give a head nod (but in their minds they get #$%$ knowing where all the dorritos went). They only want to be friends when he is on stage at the Mr. Universe Competition. "I've known that guy my whole life" "he's a great guy" blah blah blah. Icahn is the fitness trainer, Nuan is the fat guy, and I'm the guy that is riding the moped next to Nuan handing him bottles of water when he is jogging. (hear: eye of the tiger) (hear: Don't stop believing) .
Sentiment: Strong Buy
This is a two-three year story. Not a 6 month story. We all knew NUAN is #$%$-k-e-d we'll before IC. It may take a little time to get it straightened out. IC is a activist not a magician.
I think you will find similar compensation for many board members across the corporate world.
One thing that we really didn't hear to much about was Nuance and Samsung Galaxy Gear and the Samsung Galaxy Note 3. Why not? One press release??? I was under the impression the Samsungs Volume would warrant more than a simple press release. If Apple is a big part of Nuan revs won't Samsung eventually be the same?
Is it me or does it seem like Ackman just pulled off the mother of all Teabags from Icahns forehead down to his chin???
Icahn....builds a position of 16.7% of shares outstanding. 13D Lets the street know his avg. Then we read that he cannot take on anymore shares.......so in essence at this point Icahn is a bag holder??? Is this the gist of things?? If he dumps now he will take a $50+ million dollar bath.
Let the tender offers begin!!
tater tot! Probably Ackman Shorting the living Shnizzle out of this thing trying to recoup his 400 million dollar loss on JC Penny.
thats what I was thinking. The guy has $1,000,000,000.00 invested in NUAN. I really don't think he is concerned with the little guy or the day to day. He invest a billion for a reason.
I'm not terribly happy with some of the signals management has sent to the street. Some say greed, some say stupidity. I don't want to discredit why we are a front runner but there have been several occurrences that could have had much better timing.
In the end this tech coupled with a quality television product will result in the next paradigm shift. I invision a Apple Iphone hanging on the wall of my house with a 60" screen. Quality,functionality, efficiency. America will go nuts. Every item iin your house coupled together by ICloud. When your at the store Siri speaks up "don't forget to get milk". When an appliance goes on the fritz.....Siri speaks up " would you like me to call a plumber". Paradigm shift. Add this to Icahns presence and I believe we will have a unparalleled bull run on this stock. It's not IF, it's when. Those that can hold out will win. Just don't look for instant gratification and factor in opportunity lost. Maybe NUAN should be a stock you revisit. For me I need the time to buy the dips and accumulate.......just like i feel is happening with big money and the current pps price action.
I find it amusing that at least from my view many ppl on this board are significantly undermining the revenue streams Nuance already has in place not to mention the potential for future business. Forget about Apple just for a minute. 90% of all major appliances, TV, automobiles will be equipped with VR in the near future. NUAN is THE (not "a") leader in this field. With the sheer size of market potential, product adaptation, AND, factoring in competitive pressure if NUAN only got 40%.....it would equate to billions of dollars in revenue. I think the automotive part is going to be huge. I think the smart tv segment is going to be huge. The future is bright. Those that invest or hold will be rewarded. I agree with Carl.