Ray's ridiculous cheerleading during the cc does nothing but put a target on sons back. What a silly move that was. Better to be humble and let your actions do the talking. Food for thought, Ray. Maybe you should start considering underpromising and overdelivering. Novel idea, noodle on it.
if Ray's on his way out. While I was concerned about Juniper poaching Ray, he may be in play elsewhere. Additionally SONS may be close to acquiring another company. Lot's of theories why the shares are getting shellacked today, with pressure to the downside picking up as the day progresses. Should SONS make a run at AUDC I would sell in a heartbeat as integration and cultural issues would pose a major problem. Not to mention overpaying for a company run by a very very questionable individual in Shabtai. Here's to hoping none of these "theories" come to fruition and today's share price movement is not attributable to anything fundamental in nature.
Weakness due to big block trade. I would slowly add to your position here. If overall markets are down next week, which I expect, sons might weaken to around the $2.67 mark although sons correlation has been negative of late. My suggestion would be to continue adding slowly. Once sons breaks above $3.09 with conviction I would become more aggressive on the buy side. However, I would not use stops on the downside as there is a high degree of manipulation going on here at the moment. Should sons break below $2.67, which I believe is unlikely, buy with your hands and feet.
What money have you made? None, since you have ridden this thing like a yo yo. You did not buy at $1.36 and you did not sell at $3.82. You yourself have said so much. So stop with the lower and upper range Mr. Wishy Washy. You haven't made jack until you cash out and you've publicly said that you are holding. Most recently you said that SONS will now be $7 plus by "mid" 2014. All the while you keep getting played like a fiddle by riding the magic carpet ride that goes the way the winds blow. You keep telling yourself what an all-star you are, while peeps like me keep making some serious scratch trading this thing 9 ways from Sunday. And informing this board on what to do, well ahead of time. What a schmuck you are! Your unwillingness to "increase your cost basis" by supposedly buying in the 2's and 3's is pure blasphemy. What a silly lil critter you are, Vinyl.
Gonna start calling you Mr. Wishy Washy. First it was $5 by end of 2013, then it was $7 plus by mid 2014. Now it's well, um, if and all your other excuses for why things did not play out as you said they would. Man up, quit your loathing and realize that you don't know jack.
Where you at, you lil rat bazterd? Why you so quiet since sons 25% retracement? I sure hope that you don't show up here if and when sons finds itself in an uptrend pounding the table about how "right' you called it. I will have to stomp all over you on that. You've been about as right on sons as whata, which has been far less than often.
And look how wrong you've been on SONS. I see that you conveniently leave that out of your self aggrandizing ways. Sons is very nearly trending at a 6 month low. Nice call there Bubba. And $5 before year end '13? Too funny. You very clearly have not a clue.
Disagree on multiple fronts. Acme irresponsibly tooted their own horn. By doing so it created a bubble in their stock and ultimately was not an accurate reflection of their business. Great for stock traders like myself, but also very dangerous for company and shareholders alike (witness buyout price).
Secondarily, as a trader myself, this is no longer a trade. This has now become a buy and build it position. Perfect example of the old quip "know when to fold'em and know when to hold'em." Choose wisely.
With his "I'm the only long here" spiel. And his $4 plus after the "most important cc in the sons history" prognostication? What a schmuck. Now you hide like a dirty rat bazzterd.
Hope everyone is buying. And quit your whining. Say what you will about Dolan but he has single handedly saved this company from obscurity. Those whining are longs with a much higher basis that have no clue how to trade, so shut it already.
This pullback is healthy. Unless Dolan gets poached (my biggest concern) Sonus the company and Sonus the investment will be fine. BUY!
This move was telegraphed. Volatility will rule with a more widely vacillating band over coming weeks, but internals clearly show accumulation. I look for the stock to jump into the $3.20's quickly, then go sideways for a bit before continuing uptrend.
Are you for real????????????Sonus will never get to $30 divided by 3 (that's $8.5 bils for the uninitiated, at the current fully diluted # of shares). You are one silly critter!!!In fact, Sonus will be lucky to ascend the $5 peak.
So now that exactly what I said would be reported was reported and having carefully gone through the cc and transcript, I have an update for you. First, a few comments. Ray Ray, bring it down a few notches. Your cheerleading is over the top and suspect, to say the least. Second, nice pickup at the CFO position. Third, can you say competition? It's going to get cutthroat, which in growing, albeit in a clumpy fashion, market(s) is somewhat inevitable, is going to keep a lid on things. Without a doubt innovation will be the key to not only survival but prosperity. The cream will rise to the top and that is still a question mark for Ray Ray and Co.
In terms of trading, today's action is more positive than I would have thought. I have started covering very slowly and will actually be a "strong" buyer in the $2.89-$3.11 range. The churning here is a plus one, so if the internals do not break down significantly today Sonus should be ok and vacillate within a tight range for the next few weeks. That will prove itself out through the accumulation process.
Going forward I think, after listening to Ray Ray's twirling of the poms poms and hearing him do acrobatic backflips in the background that he is positioning Sonus to be sold. I think that will happen within the next year in the $4.75-$5.60 range. Not too shabby if my hypothesis comes to fruition. If it doesn't that could mean trouble as competition is only going to get more difficult. Good luck to you all.
I said they would miss and guide in line. The only thing that is yet to be seen is how the share price reacts. My gut tells me that Ray Ray's cheerleading is all for show and out of fear based on what he knows the stock is gonna do. Yes, I am that good.