Have you ever made money in the stock market?? Doa huh?? Wow dude, they just bought at least a year to turn profitable, losses are already narrowing and revenue will be growing fast. You are not half as smart as you think you are.
Wow it's the pipster, nice of you to show up.. Say what you will about the offering, it means they are not going anywhere anytime soon so you can kiss your BK dreams good bye.
FYI the 21 day MA is providing some support here, I think we might see a bounce from here.. current ask = 4.39.
If any company was shopping for VMEM and knowing the CAGR for the SSA market and the fact that their new products are already adding to growth, it might cause a buyout sooner than later.. In other words, buy Violin or compete with them for years to come while they continue to mature.
IMHO the market is severely overreacting to this news. I bought more shares today at 4.50.
Is this a good thing or is it bad? Seems to me an extra 95m would keep them alive long enough to become profitable $$$... Market sometimes punishes stocks for this type of thing though, anybody want to weigh in on this one?
"I think that the odds of a buyout will actually IMPROVE as the stock price either stabilizes or goes up"
Funny thing about stock price is that it also boosts confidence for Violin's customers.. Psychology 101.
I have no reason not to trust management, their projections have been highly accurate.. Don't forget, they already had 1/3 Q3 on the books already when they projected the 10% increase. Time to stop being negative bro.
VMEM is now a growth stock, +10% on a quarterly run basis at least.. We know management has been conservative in the past so that could easily turn into 15-20%.. Remember, CAGR for the SSA market is 60-70% through 2017.
Made a quick 10% on my TSLA short (margin included) now waiting for the right time to buy me some more VMEM.. I love it when things work out as planned :)
"What to do now? hold or sell."
I sold, then sold short $TSLA (not $VMEM).. I plan to cover and go long $VMEM again Monday, I still love what I'm seeing but a pullback is overdue and the market is taking a slightly negative turn. Still don't think this affects $VMEM for long, if at all.. Just taking advantage of the SELL signal in $TSLA.
Watch it happen.. margin calls comin boys.
Why are you still here?? Downside "resistance" is called support jack wad.
"most have tanked in price before buyout"
Dude pay attention, VMEM was trading at about 50% discount to the IPO price earlier today.. How much more should it tank before buyout based on your insightful wisdom?
The tables have turned and shorts gettin burned and obviously they aren't happy about it..
Should I start calling them out by name like they did to me?? Stoop to their level?
I'm not trying to start a rumor, but FIO did the same thing climbing for no apparent reason right before SNDK bought them out.. Perhaps somebody knows something, us little people are always the last to find out.
Hmmm.... what is going on??