Pera is focused on the NBA playoffs now. He will get around to dealing with UBNT again once the Warriors take out the Grizzlies.
Sorry but Ubiquiti is NOT one of the most radically disruptive business models. This guy has no clue what a disruptive business model even is.
Ever visited a Google campus? Free gourmet lunches/dinners. Free Booze. Swimming, state of the art gyms, free smoothie bars, manicures, bowling, massages, bocce ball, rock climbing. It goes on and on....
I give Pera some credit. Instead of selling his shares to raise money for the Grizzlies and causing panic amongst those that follow insider trading. He gave himself a dividend. Owning 57M shares, that's almost $10M per year.
This beeotch has flatlined. I will check back at end of April. Maybe then it will be revived before earnings.
Good. I used to be an advocate for this company, now I have turned to the dark side. I won't be buying any of this stock unless it gets down to the even more ridiculous lows of $10-12.
You are exactly right on that call. As much as I like this stock, I can see it dropping another $10. The interest rate worries will cause it to happen
Please post more on the subject.... I've been preaching that a dividend would draw more investors to this stock for years. I don't know why they haven't done it.
I doubt anyone listens to some chump on SA with 22 followers. I would hope not. Another great buying Opp. This stock is great to trade.
A bit disappointing that we did not surge through $20 on a big up day in the market.
I like that they are opening up a development office in SF, smart move Mobile app really crucial to their success. Challenge will be to lure good talent.