Vince Martin
Long/short equity, value, gambling

Stop Worrying About What Blucora Did And Look At What It's Worth

(click to enlarge) Source: It would seem suicidal to step in front of that chart and even consider buying Blucora (NASDAQ:BCOR), particularly given some of my recent history with "falling knives" (see Pier 1 Imports (NYSE:PIR) and Vince Holdings (NYSE:VNCE) as two examples last year). And that chart doesn't even show the full decline here: BCOR data by YCharts The shares are now at their lowest level since the 2009 crisis, when Blucora was still called InfoSpace and operated a business it's now trying to sell for anything it can get. Stock chart aside, I've been bearish on BCOR for some time, and lacked confidence in management both before and after its ...
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