Historically, this is about the time when the stock starts going back up in advance of ER, we should see some buying/covering happening in the coming weeks ER estimated to be 3/5/15.
15 would put it at a P/S valuation similar to NMBL on a forward basis, they are growing a similar rates. This is not so far fetched, what is far fetched is that this should be trading at $3 per share when they are growing at 50% Y/Y.
If you must know I liquidated my account when I sold at 5 because I needed the money for bills. I sold my house 2 months ago and now have all of the money in my trading account, I own more VMEM than I ever have at by about 3x. I have always believed in this company.
I sold at 5 bought back at 4.50, sold at 4.85 bought back at 4.20. There isn't any reason for this to be sold down this low period, but I gave up being a hold at any costs investor since this stock is easily manipulated. Now I'm a dip buyer only, and this dip is way oversold.
What are you talking about man? You continue to bash this company when they are beating expectations last 2 quarters and are on track to be profitable in 1 year don't require additional capital and are growing at a very high rate, why can't you just admit the stock is oversold now?
I didn't remove any comment, I bought back in because it is oversold and should be trading higher. This is overdue for a bounce, very cheap here. I have been a buyer on dips for the past year and will continue to own this stock until the market appreciates the 40% growth and gives it a valuation comparable to it's peers. I don't know of any other company growing revs at 40% Y/Y that is not trading at a premium.
ER is in about 5 weeks, last time PPS was above 5 in anticipation of 10% Q/Q earnings growth which they easily beat with actual Q/Q growth of 17%. Another earnings beat will send this above 6 IMHO. Regardless, it is wayyy oversold here at 4.
Sentiment: Strong Buy
The company is doing great, the stock is falling prey to vultures because the analysts maintained hold ratings while lifting PT.. This should be close to a near term bottom though since the consensus PT is now considerably higher. GLTA.
Consumer SSD is not a threat to AFA... Violin has already said they will be first to market with 3D AFA likely 3 quarters ahead of the competition, and the only one doing direct NAND not SSD so you are just showing how little you know & understand about this market fool.
Whatever man, I'm the one who will ride this pony to 15 and above and not sell. Yes I said 15 that's right, even I didn't think MU Would break 20 much less 30 yet here we are at 35, I "pumped" it from $5 all the way up.
SolidFire Helix is iSCSI only, no FC.. And.. They are still using SSD drives, so NOT THE SAME and DEFINITELY NOT BETTER.
There is no way they get the same performance as Violin, not even close.
"As for coming up with an alternative to RAID - some of the other flash vendors have done that as well. It's not revolutionary."
I'd like you to back up this claim, point me to another vendor with a similar offering.
Did you not listen to the call? They dedup and compression will be built into the OS soon. That in addition to new products with 3D NAND means they are well positioned to take market share from the competition while keeping margins relatively high, in fact they will be increasing margins to 60% or more in the next year.
Your negativity is apparently shared by analysts though, so take my opinion for what it is. I'm optimistic about this company because they have redefined AFA by coming up with their own RAID using raw NAND instead of adapting hard disk tech to SSD drives like the competition, this is why they have an edge going forward and why I'm holding and will continue buying more.
I didn't say by year end it would be 15 but within a year.. In other words by this time next year based on 50% y/y revenue growth and break even earnings by the same time.
Margins will be between 50-54% that is barely lower you stupid CLOWN.. Why I even bother arguing is beyond me, you are obviously delusional.
Nobody expected revenues to be up y/y you clown, they beat estimates by over 1.5 million and exceeded their own guidance of 10% q/q growth by 7%. You are a clown and will be gone soon, take your profits and run boy this is not going to stay below 5.50.
Earnings aren't coming down, how will they be at break-even in 1 year if they are coming down? You are seriously delusional man.
Dude, they said they will be profitable in 1 year you are out of your mind spewing this nonsense. The guidance is low just like it was last time, they will meet or exceed the 40-50% Y/Y growth they have projected and will grow along with the AFA market which has a projected CAGR of over 70%. You are really shorting the wrong stock boy.
Sentiment: Strong Buy