Vince Martin
Long/short equity, value, gambling

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

(click to enlarge) Source: Finviz.com 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 ...
Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
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