Guess you haven't done your HW and DD. It is a company turning the corner and owns extremely valuable IP.
To name a few reasons
True, just a bit undecided on what earnings could bring short term. Saw ITMN, easily can happen here.
Or is the recent run of good news enough to keep it upward? Looking to add more, but will wait for Friday.
They did delay earnings, wonder if that was the case so they could release results of Lily and Phase 1 to absorb a Q4 earnings disaster? Remember Q2 was abysmal.
Lot of talk about a buyout. What is fair market??
LFRP is to valuable. Sanofi and others have agreements now.
Nothing less than $30 a share on buyout
Accu, this is not coming back to life. Trying to help you out, sell and keep what you have left.
There is no catalyst for EL. They have zero IP and play in a business model that is saturated by competition. There are hundreds of companies that resell VM, host or offer a cloud product.
You think Sprint cares about EL? No one is buying or merger until thing stops or BRKP.
Rev is declining and they are losing money. The damage is done.
Ask yourself this, if you are a CIO or CEO, why would you do business with EL vs x-company?
Eddie, hope is not a strategy. The damage isn't even done from Rolla yet. I use this analogy.
Build a first class hotel in x city. No one stays there. Cash dries up. Out of Biz. Marriott scoops in and buys for pennies on the $
Just trying to help this guy. He could have cut his losses, but has to hold out of whatever reason.
NO ONE IS BUYING THIS COMPANY
Sell man. This stock will never recover. You should understand that Rolla destroyed this company. He bought all these "assets" way above market price and as a whole they have zero value nad aren't integrated. The only company that would buy ELNK is maybe a Comcast or Vz, but for pennies on the dollar after brkp. This company is toxic.
You need to understand how expensive data centers are. Add that to the fact they have no sales force. Just trying to help.
Oh where oh where is this going. Can we rebound 2-3% tomorrow? Quick 16.75% decline since high a few weeks ago
Accu, this company will never see $5 again. Eagle river? It is toast. I have been trying to help you man