This will never move up on good earnings it just doesn't have enough volume to make it matter..they really should sell it out to a bigger company
6 months ago they had 625 million in cash and have BLOWN thru 150 million with nothing to show for it there is a good chance the cash could be below 400
There is something else going on here also
Extreme Networks stock price target raised to $4.50 from $3 at Wunderlich Securities
This should be under 10
They need 10 straight trading days over $1 by Sept. 28 time running out expect reverse stock spilt announcement next week
I like ALLT but I think there is a quick downside to 4.13 in near future
Microsoft, Salesforce become strategic investors in Informatica
Informatica (INFA) announced earlier the successful completion of its acquisition by a company controlled by the Permira funds and Canada Pension Plan Investment Board. Additionally Informatica announced that Microsoft (MSFT) and Salesforce (CRM) Ventures have agreed to become strategic investors in the company alongside the Permira funds and CPPIB
They are usually cash flow positive have to read the CC transcripts
Trying to get the numbers to add up?
They did say at the go to market strategy that they where sticking with the forecast so lets see if they get operating costs way down like they plan and eps going higher the bigger question is can they grow any revenues
The opportunities to sell the company was thrown away by the self indulgent board and management and now we have a share price at a 6 year low no opportunity to sell and employees who are discouraged and a CEO who really is a CEO of a different company that was a board member so we should all expect the same old stuff..pretty frustrating being a shareholder let alone if you where a employee
Aria Partners discloses it holds options to buy a 14.7% stake in Aeropostale (ARO -2.1%).
The bet from the hedge fund is based in part in confidence in Aeropostale CEO Julian Geiger who is a year into his second stint at the helm of the retail chain.
They could fetch $10 to Dell
If he opens his eyes he will see that nobody cares about this company its too small..I guess all his shorts didn't have to cover since it has only traded 145 shares so far THIS COMPANY NEEDS TO BE SOLD
They are too small to gain any traction to become a meaningful player they are better served under the Dell umbrella or IBM They could fetch $10/share right now