Bradley Lamensdorf
Short only

Close The Door On E2open

By Brad Lamensdorf of Ranger Equity Bear and Eric Fernandez, CFA of Two Rivers Analytics, Inc.

Close the door on E2open

It's time for investors to close the door on E2open (NASDAQ:EOPN). This company has benefited from cloud-mania for long enough. Its deteriorating business is masked by the company's accounting. The company has not been profitable for years, has negative free cash flows and shows deteriorating margins. The executives take increasing amounts of stock-based compensation. The stock, while down 46% over the past four months, is still very expensive. We are short and we recommend shorting the stock to other investors.

Description & BackgroundE2open provides cloud-based, collaboration software solutions for supply chain networks. Its products include supply...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details