You just have to look at the chart to the right.
$5 here we come.
This will bust through the analyst's conservative target. NEW MANAGEMENT IS AWESOME!
Millions to go up yesterday 200K to push it down.
Have we seen this before? Didn't the MM's get enough?
This is a bargain under $8/share. Buy the dips
I would have thought with the extreme undervaluation here, the new competent Management, the growth potential, the huge FCF, The rising Profits, the shrinking numbers of shares, that we would see this breaking $4.75 today, and challenging $5 in the next few trading days.
Maybe they are just baiting the shorts!
8x8 inc should sell at $11.04 because the are honestly valuated at a P/S of 7 and a P/FCF of 100
After all, they are breaking even AND adding an average of just under $2 million in revenue every quarter.
A certain other company that that does exactly the same thing as 8x8 inc , makes 2x the earnings 8x8 inc does, and 8x the FCF, 3x the revs per share, and is also averaging $2 million in revenues added each quarter over the last year, SHOULD ALSO HAVE A P/S of 7
There is a huge inequity in the way Vonage is valuated (ever wonder why they call the "EQUITIES"?) in the market.
Your post shows it very well.
This could very well have another long run up - right now it is peanuts compared to the inequity reality.
If you paid attention to this board, you know something
higher, record, Revenues coming
Higher earnings coming
Broader markets coming
New Technologies coming
More Free cash flow coming
Higher Valuations coming
Less Shares Available coming
Higher PPs today coming
Great volume today coming
Past performance doesn't assure future performance
I would take 16 months of up move, but it could be 8 months or 32 months. I would take those too!
a little consolidation then UP
Won't last long, when they are ready Vonage PPS will take the next leg up.
Don't expect to buy this cheap ever again.
Each day without a gap, is a good day
Institutions own 153 million shares (or more, looking at the price appreciation)
Citron and kids own 25 million shares+
other officers own 1.1 million+
Total 180 shares
leaves 25 million shares retail -
hold tight - everyone else has been, except Citron, and he is now, this will be a fun ride if you do. More fun if you add
Ladies and gentlemen, place your bets!
Imagine if it goes up $1.50 in 11 days, like it did last year, not only would it break $4, but it would break $5!
Poor shorty, don't get caught sleeping.. zzzzzzz
UP $1.50 in 11 trading days. No news. Just undervalued, like now.
Jan 29, 2014 4.63 4.94 4.53 4.79 6,317,600 4.79
Jan 28, 2014 4.38 4.63 4.34 4.57 2,306,200 4.57
Jan 27, 2014 4.32 4.49 4.30 4.38 1,887,200 4.38
Jan 24, 2014 4.38 4.40 4.28 4.31 2,325,800 4.31
Jan 23, 2014 4.42 4.49 4.35 4.42 3,263,500 4.42
Jan 22, 2014 3.76 4.84 3.71 4.52 12,103,700 4.52
Jan 21, 2014 3.79 3.85 3.66 3.77 1,397,100 3.77
Jan 17, 2014 3.89 3.89 3.71 3.77 1,808,400 3.77
Jan 16, 2014 3.80 4.00 3.78 3.90 2,545,200 3.90
Jan 15, 2014 3.85 3.88 3.57 3.79 2,666,200 3.79
Jan 14, 2014 3.30 3.63 3.27 3.63 2,455,500 3.63
Jan 13, 2014 3.28 3.37 3.27 3.28 1,062,500 3.28
Prospects have only gotten better since then!
Now that Citron is not selling shares, and Vonage will continue to buy shares, what will happen?
Will Institutions continue to buy?
Will shorts know when to sell? More to the point, do they know when it is time to buy?
What's the upward pressure now, compared to last month?
Management seems, competent, aggressive, knowledgeable, how will Mr. Market react?
Could Vonage be evaluated like 8x8 inc. or Ring Central, even though it doesn't lose money?
Company Rating by First Call: Vonage Holdings , Crestwood Midstream Partners LP
by Wendy Knight
December 10, 2014
Vonage Holdings (NYSE:VG): First Call has given a rating of Buy to Vonage Holdings, according to the information released in the research recommendation.