I know of Vento from within the financial community..his reputation is beyond reproach..he is not like the founder who I am told is a great entrepreneur bit to emotional and reactionary..I do believe Vento has been naive and now will take action..your post is non-sensical
so what's your point..share price is voting machine...I prefer a weighing machine like Warren Buffet..
you're welcome..I don't know if a post can effect sentiment on a message board but its nice to have the ability to provide some fact based information
O/S down to 17.8M
2013 EBITDA 55M
2013 earnings accounting for share buyback 2.05
2014 projected EBITDA 65--75M
2013 revenue 142-145M (down)
2014 projected revenue 165M plus
2014 projected earnings 2.50-3.50 per share
projected cash end of 2014 130M
market cap with 17.8M O/S is about 190M
revenue growth projected
huge short interest
most companies losing money have higher market caps than this with debt and little cash...
possible buyout likely at these prices
most people don't realize that Vento is a rich guy. He has options at 15 so its not worth it to him at these levels. He will either initiate a share buyback or sell to put his shares deep in the money...I've been buying down here and will continue to do so..I said this at 14...I've never seen a stock trade below a 100% leverage take out by about 10 bucks a share (22 dollars)...that's where we are now..something has to give..short interest has to be well over 5.5M by now with a lower available float
Periodically this stock spikes to about 30..I think we are there per the chart now
with double digit revenue growth in 2014..the discount to PEG is off the charts...I've never seen a stock so cheap in 25 years..I'm selling other stocks and buying as much as I can
I think the shorts scared as many people as they can out at this point..the remainder are long term longs buying positions..I think this stock is about to go on real tear based on fundementals...
55x.32.9= 18 55-18=37M net profit 37M/17.8M shares= 2.078
•Adjusted EBITDA: Adjusted EBITDA for the full year 2013 is expected to come in at the high end of the range of previously issued guidance of $52 to $55 million.
•Effective tax rate: For the full year 2013 the effective tax rate is expected to be approximately 32.9%.
12x next year's earnings is about 30
not quite sure what to make of this...I think there may be a couple of hedges stuck in this trade short and they are going full out to scare people..but the guidance was truly strong and confident
the company should be buying stock. I believe there is a current buyback olan in place?
Adjusted EBITDA: Adjusted EBITDA for the full year 2013 is expected to come in at the high end of the range of previously issued guidance of $52 to $55 million.
Effective tax rate: For the full year 2013 the effective tax rate is expected to be approximately 32.9%
Double digit growth next year..projecting 165-180M revenue
2.50-3.25 per share
two year chart said its ready to run
I don't like to see people snookered..With projections of 170M plus in revenue next year and a 40% gross margin /32% marginal tax rate..probably lower, the earnings next year will be about 2.60 per share...2.40 minimum
With double digit growth the PEG puts a PE of over 15-20 on this.
With Dan Borrislow out of the stock, I expect to finally start trading normally like other stocks..interested to see what happens over the next two weeks..
I can't believe any hedge fund would stay in this thing with nobody out there any longer to hate...they can go long under 20 and still make a bundle
Vento is obviously a stud and he is going to make his options valuable
Actually the volume is derived from HTF hedges who are buying an selling to each other to induce folks into thinking that this is the value of the issue..its just a game..retail usually loses and sells way to early
the current share price is nowhere near the value of the company based on the call
after listening to call, looks like revenue will be higher than that 12% growth...expanding international end of qtr; expanding distribution channels ; going after drop offs to hold them; monetizing app after doing research...looks like could be 180-200 M...2.40per share low end...3.20 per share high end
EBITDA 60M 17M shares O/S
100M in the bank..share price 23-30..will happen quick