here is a company profitable for three qtrs. in row, has more than two dollars in cash per share
and a book of 4.59 and on top of that buying its share.
some no name analyst downgraded it and some stupid institutions ram it down to 4.06 from 5.40
Of 31 million of llnw.
imo, llnw is under occumulation.
it is strange that each share has 1.13 usd in cash net
and it is selling below 2!!!
It is not only the number of shorts which has been above two millions, It is the ratio
which is now 7 that matters.
Who is in the right mind short a stock below $2 when the cash per share is $1.15???
It will 7 days to cover.
the shorts are supplying stock to keep it down.
with more than a dollar in cash per share and no debt
i am predicting a breakout above 2.05 that will cause the shorts to run for cover
near term target 2.50, imo.
Ibm price to sales is 1,98
cbr has nearly one billion in sales and should be for double digits, imo.
wall street is stupid ,, imo!!