This is a typlical VR deal, 100% pro Vivek and 100% anti shareholders. How could he walk away from a deal with HP for $42/share, talk about how low their valuation is and then take a buy out bid slightly about their 52 week low. This is crazy and he should be in jail. VR destroys his company then takes a low ball offer, sure smells like fraud.
I knew that was another fantasy created by Viviek.
Agreed, long gone are the days where TIBX could knock down 20-30M enterpise deals with BP, AT&T, HP and others to save a quarter. Now they are forced to work just as hard, if not harder for 150k deals. TIBX and its leadership team are just not set up for those types of sales cycles. I have a hard time seeing any light from or anything good coming from Turdco right now.
Yesterdays earnings are a 1000% DIRECT result to Vivek being absent for the last two years focusing on everything instead of TIBX. No one believes Vivek at this point, he has ZERO credibility. Everything he says is all sounds bytes. Why would anyone buy this company or give it $ to take it private as long as Vivek is there? He is the root cause of all issues there and the main reason that company has been in decline for years while the competition has destroyed it.
any idea what happened today with the stock. I am long and was suprised to see it down 11%
TIBCO always preannounces a miss, so we should be ok tomorrow. Plus, they should cover their progress on the buyout front. With Tableau going crazy right now, that only helps the TIBX valuation. TIBX is worth 50/share easy if they go private and there are many in line that will pay that for TIBCO. TIBX is an easy 100% gain from here within the next 90 days, easy money and back the truck up now at this level. Total no brainer.
is that english? that doesnt make any sense. By the way, go back to your cube and get back to coding that Turdco trash software code deweloper
If these guys really think private equity or a buyer may be coming in, why is Vivek and others selling large amounts of shares on the open market? These are not planned sells, they are open market sell orders at market price?
Agree 1000%, so obvious and sad. Just looking to grab some cheap shares befoe they go to 120 next week
where does that leave people that bought this ponzy scheme at 5-6 a share? This company was nothing but a pump and dump. The only winner was Gaiam, they got their $ out of this turd.
Yeah, but they are getting out of Commercail solar and that was a big piece of the rev number. I see them go back to half this number going forward. Leaving commercial is a sure sign they have no cash and are trying to hold on to one little piece of thier business. It is a survival move and a way to help get the team executing better, but that being said, will be very bad for rev growth, or will lead to negative rev growth for the next few years
Options here are litmited, I think RGSE is toast and we see .50/share again this week or less
Need buyout before this thing implodes.
Or they announce SCTY is buying them for 10/share. ANyting is possible in a few hours, gotta love it.
RGSE is a value here, there is no doubt about that. As long as it can access cash to keep it growing and moving forward, there is no doubt this will be a great company in 12 months or less and a 12/share stock. What everyone needs to keep in mind is that growth is very strong and that taked cash and some losses to get RGSE where it needs to be mid and long term. Cash is cheap right now and there are plenty of ways for RGSE to get cash and to use it for its advantage. For the longs that have patience, things are going to start to trend up from here, 2/share is the bottom and it climbs from here. We will be back at 6/share in no time.
Yes, we all know RGSE is struggling, lots of it id due to cash flow and growth though. The brand has value and they will be bought just simply due to their marketshare and brand. Prob a great place to buy in here.