I thought the report was solid... but looks like after hours PCTY is down 15% already. What am I missing?
Looks like someone know something... Volume is up today - finally. Looks like earning will be as good as last quarter if not even better. I was lucky/smart enough to buy more shares under $19, but not at the bottom. I really didn't think it could get that low. I believe the current price is still a steal and that it could easily doubled today's $22.63 price. I hope to see the price go over $30 after Thursday's report. We shall see. I hope those who bought at the bottom held onto their shares!
Sentiment: Strong Buy
Beaten down is an understatement... still those that can't see this as a great time to buy... CDE could move upwards quickly. Love the 5% and 6 % daily moves upward.
Greedy shorts always never learn when to take profits and get out... Love to see them squirm!
I don't get it either... It should be double the price it currently is. Not sure why they aren't getting the respect they deserve. It might help to hire a better PR company, or get one if they don't have one already??
I hope it is another good one... The stock price does not reflect how good this company is... Sad that companies making no money and no profit are moving sky high while companies like Paylocity that have good earnings, good profits, and are taking away market share from their competitors are not seeing the stock price move upwards. This market is so upside down when it comes to logic! STRONG Buy at these levels.
Sentiment: Strong Buy
Interesting that the short bashers have somehow disappeared. Maybe they gave up since their dire predictions were nothing but hot air.
During the quarter, Limelight purchased 0.5 million shares at an average price of $2.47, in the open market, under its buyback authorization. The Company has $13.8 million remaining under its buyback authorization.
Shares of content networking provider Limelight Networks (LLNW) topped analysts’ expectations, and a smaller-than expected-net loss.
Revenue in the three months ended in June declined 3.5%, year over year, to $41.3 million, yielding a net loss of 4 cents per share.
Analysts had been modeling $39.6 million and a 7-cent loss per share.
Hey... I was invested in Akamai all the way from $3 to $54 when I sold my first block... Same scenario is going on right now and Akamai was buying back stock then too.... So, big deal! So you want to call me dumb... I walked away with with over 1000% profit, but decided to get back in at $47 only to ride it down back to below $20. It took a long time to finally get out at $58 and some change with another 25% profit. So, I don't think I'm stupid making a 25% profit... do you?
I'm not getting back in until it goes down at least 20% from the top, because this market is too frothy and any geopolitical event that is in the pipeline could go south and take the entire market with it. Then gold and silver are my bet. Like Akamai was years ago, the same holds true for precious metals. They will eventually rebound and when they do it will happen quickly. I'm positioned to take advantage.
Like I said I'm betting that Akamai will see 20% drop from the top before it ever sees a jump of 20% above the low $60s. Let AKAM buy all the stock back that they want. They did it last time as I watched them loose over half of the price they purchased it at. So, they are known to make bad decisions with their timing.
Watch the name calling because you'll find yourself with your foot in you mouth. I've been on this board for many years and your name has popped up from nowhere like most pumpers and bashers. I'm just giving the facts and MHO.
You have to ask yourself who would invest at multi-year highs? Even if it would go up in a year or two to $72 it would still be a gain of less than 20% from that level. There are tons more stocks to make better money at then betting at Akamai going to those levels anytime soon.
Not to worry... Soon short will have to cover or get burnt. Delayed reaction to what I would also call a great report. Shorts are hoping to drop the price so they can cover lower. Hope AGNC switches direction soon... I know they will.
Sentiment: Strong Buy
Along with Dan Rayburn Gefvert seems to be trying to bash LLNW down. Should be a mute point after earnings... We'll be able to tell what direction it will go after earnings. Nice report from LVLT.