By 2020 it will 5bn revenue company, with an estimation of 5.2 EPS and a PE of 30 it should go up to 150+. Stay long and double your money in three years
What's happening with red hat
Promising Linux company
Investors who believe in the future of Linux, as I do, should do due diligence and research on Concurrent (symbol is CCUR). Concurrent’s Linux specializes in Real-Time computing, a growing business, up every quarter in 2016 and up 25 percent year-on-year for whole calendar 2016. Its Real-Time Linux has customers / apps across industrial, automotive, financial and aerospace markets, and is nicely profitable. Concurrent trades at EV/ sales of only 0.45 (due to concerns with non-Linux business) versus EV/ Sales = 6.20 for RHT.
Disclosures & Disclaimers: I am long several thousand CCUR shares. This note is for information purposes only. It is not an investment recommendation.
Actually a smart move for RHT would be to buy CLDR which IPO today .
I would think with this technology, and the I Cloud becoming the monster it is, RHT would make a great buy out candidate. The huge backlog shows the demand is growing for their product. Stock pulls back a bit before going to 100....
So RHT missed earnings by almost 50% and adjusted them up to MEET EXPECTATIONS and it is up big ah ? Bubble market is still intact...
Shorted1000 shares today @ 83.05
Earnings out monday. yes it will look good for rht. Buy as early as possible in the morning!
In my point of vue it is the next winner ! NTWK Just have to watch the fundamentals BNA about 2017 ... 2018 Watch who have bought the stock since one year !
pops or homo
looking to buy more but it is staying in 80s. Whitehurst is a awesome CEO.. has taken this from a $7 dollar stock to 80. Any chance of a split ?
RHT has a positive price to earnings at 60.85. Depending on your hold time this may be a compelling entry. I started receiving notifications from awesome-STOCKS the other week and so far they have presented interesting new trade ideas.
$80 in a week?
POS Alert here sell and go short
Soon this should cross 76
What happened pre market this AM?
🎅🤶Snow blankets ☃️the deep South and fat Al Gore spotted on Miami Beach in a speedo now that's a sight for sore 👀eyes. Does anybody believe that global warming nonsense but gullible liberals. Remember Al Gore made millions 💰💰pushing the Global warming nonsense. Satellite photos from 1976 versus 2016 show ice mass north and south pole greater today.
Don't watch the Dow just watch 80 today on RHT to see if it holds above 80 at close.
Keep buying I'm counting on you guys tp do the heavey lifting to over 80. I'm 130% long stocks and can't buy anymore till I get a bank loan.
You will never see 70 here ever again, this is like Priceline going to over a 1 k in next 12 months
80 today with this world ckass squeeze. Get rich here fast in this super cheap stock RHT