"We will see record quarterly/ ttm revenues in 7 months".
Oh,finaly I have uncovered what's underneath your never ending declaration of "undevalued VG".
It is the HOPE,worst enemy of small speculator.Think about it this way: in last five years share price has appreciated more/less 100% per year.For non growth company such as this one it is way out of touch with reality.Technically speaking long term share price has shown extreme relative strenght but that's never good reason for using your favorite terminology.
If or when is on market's terms exclusively.As long as daily trading volume doesn't dry up to zero there is always hope.But hope as we know is fools worst enemy.As long as they have cash to burn there is light at the end of the tunnel.
Unfortunate story of one individual who wanted to live among Grizzly bears in Alaska.And he did for about two years when he was finally eaten alive and only item recovered in good condition from bear's stomach was his watch, still running?
One of rescue team members commented:
only insane man could survive among family of grizzlys this long.
jp.ps.Here we have just opposite-Mr.Market is grizzly bear for family of pacmaniacs
I suggest puting him on ignore as i did long time ago and sooner or later he will have conversations with himself which is final evidence of insanity.
Called curiousity.Virtually everybody here is preoccupy with expressing their point of view and as long as your judgement is taking over curiousity there is no way you can make money in long run.PERIOD.
Do geoplitical events affect market trends? Short term only.The best evidence is what happened after Sept.11.This was suppose to be the most important geopoltical event triggering formation of intermediate bear bottom . If you look back and analize broad market trend since 2000 you will be amazed to discover only slight dip on cyclical bear market trend line.
"good luck to all good people!"
That says it all as if luck plays any significant role in investing or speculation. Only gamblers believe in good or bad luck.For rest of us "timing is everything".
As i indicated earlier there is nothing unusual about 75% pps correction within small cap universe.Especially for high beta stock like YOD.Long term trend has not been altered so far.
I never said fundamentals did not matter.As a matter of fact not long ago I declared VG to be the best buy ever only to change my mind after last earnings report.It's getting to old to hold and hope.
Believe it or not I never recall Warren Buffett describe a stock as being under or overvalued only to say that generally entire market is getting too cheap or too expensive.And this is his real talent as someone being in sinc with Mr.Market.Personally I see his greatest strenght as the best secular trend market timer in the world not good stock picker.In fact he wouldn't even make the list of ten best stock pickers of this or last century.You can afford to be mediocre stock picker and still be the best stock market speculator if you know when to be in or out based the broad market intermediate and particularly secular cycles but nobody is interested in this topic including you.
So let me give you a hint and repeat myself.This broad market still has long legs.It has moved to the second and final stage of secular trend called P/E expansion which can last another 4-14 years.So theoretically Vonage has plenty of time to test all time highs but I do not believe for a second that this can be done with current management.Do you know Brazil will be success?.New retail outlets and introduction of new calling cards fall under category of necessity to stay competitive not market expansion.
My hope at this point is steady growth of world wide web coverage and quality and price of Vonage product.
ps.Dgroves cheer up you may not be the words best fundamental stock picker but you definately beat Warren with technology stock picking for last five years.
"I don't know what you call a pumper, is it someone that posts FACTS?"
Your facts even though as real as they are have nothing to do with reality of getting rich by watching share price go up.
There is difference between pumper and permabull as well as basher and permabear.
There is problem with posting facts assuming and hoping that Mr.Market judges and addjusts share price based on your formula.This is called arrogance or may be even ignorance.
Anybody involved with stocks for little longer knows that the role of conference call and press relase is to provide best case scenario even though it never works because every time weak hands have to be purged before stock can resume it's established long term trend.Amazing,Market can fool small speculators time and time again and they keep coming back for more punishment.
YOD is not next NFLX.The best they can hope for is to generate promised 3 mill for the year in order to attract buyer.
Technically speaking share price has closed almost all gaps since last October and since YOD is not going out of business in next 6-12 months i have no other option but to accumulate again.Typical small tech caps share price corrections are contained within 50-75% range.Average daily trading volume has been dropping on down days- weeks which is bullish indicator since most weak hands are out by now.Hopefully.