Looking for the "undervalued" stock and everything points to ADM. Can anyone explain why there appears to be heavy resistance around $38 PPS. Doesn't make any sense. In the meantime, the dividend and demand of products is enough to invest at these levels.
Bernie might have it right. Wall Street is corrupt led by the likes of Morgan Stanley. They didn't want to cover their short shares at $15 so they broadcast a ridiculous statement raising their target to $12. At the time of their release BOX was trading at $14.30 PPS. They got what they wanted and now are covering their shares. Buy with them would be the best advice at $12 PPS.
The theme for 2016 continues. Next resistance is $17.50 PPS. Don't see how they can stop that from happening. However, "We only just begun" as one of three "big boys" demanding additional Cloud presence will be making an offer or two this quarter. $25 PPS is a minimum. COVER.
BOX will be able to fully execute on its strategic approach to become the desktop of choice across all industries and organizations for those who don't fully understand what the news today means. Huge!!! The future for BOX is extremely bright and the PPS will hit $100 potentially in 2016. Best stock in the market today.