what is up with all this spam? really? is transcosmos trying to hold this down for takeover price? Yes Bvsn is very interesting; COB own 35% and quarterly earnings are from legacy business so really tough to understand when looking at numbers but posters are relentless and don't understand. I think it triples!!!!
Would always be nice to blowout earnings but I am happy that the new PFSWEB continues to slightly exceed expectations for the past 2 years. This stock should go higher into the next few months based upon 2 catalysts...addition into the Russell and Institutional interest based upon growth years 2014-2018 at minimum 20% top line and 25-40% bottom line each year. Other positives not included can be growth in Latin America, Europe and transcomos relationship. It can trade between $7-11 for the next 12 months but I believe we see $20 bucks or a takeout within 24 months. Conservative management team, solid balance sheet, hot sector and underowned by funds are a few reasons!!!!Good luck all...and I still LOVE BVSN for anyone that really wants to make a possible 10X bagger with minimal risk.....
12/31/13 $9.66 today 2/24/14 $13.40...It is really breaking down? How many are you short and how dumb do you really feel that you are not long? Easy money to be made here, stop overthinking; you keep looking at the past. Sometimes it is ok to close out a bad short and reverse course. I hope you do since you could make back all of your losses. Good luck Brett on your choices. Please come around.. Good night
Everyday for the past 10 days a print goes up outside of the market beneath the bid to show a down day. Balance sheet, insider ownership, hot sector, close to profitability and tax carry forward losses makes this an attractive buy up to $25 and if they turn the corner this is going to $50 easily. Shorts are trying to hold this down and are having a problem covering shares!!!
They would save so much money in merging the two..at a minimum of $10-15 million of overlap. Problem is not sure PFSW would do it since they are in such better financial shape.
I agree Kathlene..I am done selling ...I am going to ride my 150k shares....honestly..i pick 1 or 2 names a year. It took me 6 months to accumulate position under 10.50 and I believe that Pehong will make this real!!Only other name I posted was PFSW and have been in since $2.00 and still hold..Good luck all; BVSN is about to change valuation from cash to Venture Value and then to real revenue/pe metrics. So cheap and frustrating but nothing is ever easy..patience is a virtue
Cliffbanger...how are you? you like SPDC better than the PFSW...This one looks 50% more expensive than PFSW. Do you still like PFSW? this company has $300 million enterprise vale trading at 15x ebitda while pfsw is trading closer to 9x backing out the cash. Growth will be awesome with the us mint later this year also..let me know your thoughts..sorry guys for chatting over here but have not seen cliff around lately!!!
fwu26 is a short player and the revenue decline is legacy business and clearvale has no upfront license deals...it is all about the long tail!!!they are gaining users and once it gets greater acceptance and we are only talking about small number this company will be generating nice cash flow...FWU you have to put some value on legacy business, cash and clearvale and it is worth a lot more than $14...
Nothing fundamental at the company. Stock had some heavy selling last 2 days; not unusual but would like it to hold the 8's until earnings. I still believe Transcosmos will make a run. I think you see them make a filing over the next 2 days(adding shares) if it remains in the low 8's. What can you do when they sell twice the normal volume over 2 days in a terrible market. Hang tough!!
Doyle..you must not understand this company!!! those losses are based on legacy business and not clearvale. They are not experiencing declines in revenue from this new business unit and if you look at quarterly yoy they actually had almost 100% gains in China. look at sec filings. Those 2 billion accumulated losses are actually $500 million-$800 million carry forward losses that have tremendous value for earnings going forward!!!Like I said so many people misunderstand this venture opportunity at little or no enterprise value with $10 million annual investments into Clearvale!!This stock is going higher..go short it if you really feel that this is about the past failures. The future is bright!!!
The new Broadvision; Cleavale is in its infancy. This is not the BVSN of old. They are in the early stages of getting CLEARVALE to the masses in many different verticals!!! They have $10 bucks in cash per share, insider ownership, major international partnerships in ASIA and they are losing money from making investments in R & D. If you are looking at the losses that have been occurring and are expecting that to change based on the legacy business then you clearly do not understand why you own this stock. This company should trade at $20 bucks today based upon getting ownership in an early stage Venture investment for high growth/high risk reward situation. If Pehong realizes his business plan this $10-11 stock today will be $100-200 bucks within 3-5 years!!!This is a great gamble and one I would like to be in for some time!! Pehong has a great track record and has great relationships and he will make this company a success and he has his money full invested side by side with you!!!
I am never one to say it but I think a buyout will be announced within 30 days. Austin Marxe stopped selling and this space is white hot. Look at DWRE- goldman downgrade and goes to new highs today. E-commerce distribution and logistics and everything else that PFSW has going for it with its global presence changes the valuation. I think it could be worth 15-20x ebitda from Transcosmos even Demandware. There are definitely talks going on. I think the funds have signed NDA's to get their votes in favor of a deal. Price is anyone's guess. Could be $15 could be $20. Just my gut feelings. Brazil, India, Russia, China, Japan companies all need PFSW expertise at this time.
that is a good amount ..all relative..tough market to find value. I had tons of shares..i still hold a big chunk of my net worth. 100k shares and it has been difficult; I have been told when it was cheap it was #$%$ and then from the same people when it moved up how great and underpriced it now is. I think it is worth $15-25 to Transcosmos. If you want to look at another stock I find attractive that has potential for 10x-20x your money with little downside risk but little timing of when I would highly consider buying 1k-2k BVSN. Trading less then cash on balance sheet, huge insider ownership and I think Pehong Chen will make something amazing happen!!!
I hope you still have some MOntana..I just see no other ending but a takeover in 2014-2015..between $15-25 depending upon Transcosmos integration and client acceptance of pfsw in asia and vice versa...of Asian co's in usa
After doing my analysis in calculating true value of Pershing Gold here is a breakdown of conservative numbers and how I get to 45 cents per share today!!
Replacement value of mine: $30 million
Ounces on balance sheet today: approx. 560k ounces at $125/oz(emerging producer)=$70 million
Cash on balance sheet $10 million
Permits ; nearly fully permited=PRICELESS (years of uncertainty for any other company)
Land position: 39 square miles with unlimited exploration upside
Nevada:No Taxes and no geopolitical risk
Ounces on balance sheet in production according to BMO report: $200-400/oz
My guess they have over 850k ounces and the grades are now 100 times better than Allied Nevada and CDE the neighbor and investor in Pershing who has been producing for 30 years. So my guess conservatively today, not including value for permits and exploration upside, this company should be trading between 40-45 cents per share liquidation value with only what is currently on the balance sheet and with the update 4301 report and PEA this stock should be trading close to 60 cents with production costs between $800-900 ounce.