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  • Caution For The Long-Term Investor, Watch Out For A BroadVision Dump [View article]
    I decide to cover only half my position. Took a loss on half @ $50. Still short BVSN.
    Mar 6 06:44 PM | Likes Like |Link to Comment
  • Caution For The Long-Term Investor, Watch Out For A BroadVision Dump [View article]
    For full transparency. My trading discipline and max loss was a close above $50. That happened today. I will be covering in the morning and cutting my losses. When you're wrong you're wrong, rules are rules. I will continue to look at BVSN as a potential short but will be getting out for now. Goodluck.
    Mar 5 07:13 PM | 1 Like Like |Link to Comment
  • Caution For The Long-Term Investor, Watch Out For A BroadVision Dump [View article]
    I submitted this piece weeks ago. The timing of the piece being published was 100% seekingalpha.com

    I am briefly familiar with the SilverCorp short selling blog posts. I actually lost money on the sell off SVM. They stated pretty big assumptions about SVM and accused management of straight out accounting fraud. They even went to base their short thesis on a grade of silver they picked up from a moving truck. I believe everything in my piece about BVSN is factual. What have i assumed? I have not made anything up.
    Mar 4 07:09 PM | Likes Like |Link to Comment
  • Caution For The Long-Term Investor, Watch Out For A BroadVision Dump [View article]
    BVSN is an event sponsor. Any company can pay Digital London and become a partner. I could start the company Cloud Pump, pay Digital London enough money, get a booth and have my logo on their page. When is Clearvale going to book a big deal?

    Do you recognize any of their customers?
    http://bit.ly/xeNQZW

    Go look at the reputable and well financed companies that use JIVE, SINA, yammer.com, lithium.com and newsgator.com Its clear who the more reputable and capital rich customers prefer.

    Just google social networking solutions or communications software and see how long it takes you to find Clearvale.

    Clearvale has 450 people following it on twitter. Its been around for 2 years...

    small little Yammer has 15,000.

    Nuclear have you tried out the product?
    Mar 3 03:35 AM | Likes Like |Link to Comment
  • Caution For The Long-Term Investor, Watch Out For A BroadVision Dump [View article]
    Well... If you're a day trader you certainly can make the pitch for strong technicals and a momentum long. The only other long thesis is you believe the Clearvale platform can gain some traction which and turn sales around. BVSN as a company does not disclose any information about the actual numbers of new Clearvale customers. Additionally management neglected CNBC for an interview. If you were a small cap with a legit social network platform wouldn't you want additional exposure especially on a network like CNBC? The CEO was asked this same question and stated they were too busy getting ready for their recent filings. I've tried extensively to try and reach anyone at investor relations at BVSN can't seem to get anyone on the phone, respond to emails or call me back. After calling and leaving a message at sales, I did receive a call back from a sales-women who of course could not comment on the recent price action of the stock.
    Mar 2 08:33 PM | Likes Like |Link to Comment
  • Caution For The Long-Term Investor, Watch Out For A BroadVision Dump [View article]
    Thanks for the new disclaimers. At the time of writing BVSN had yet to accumulate new shares. Like I mentioned in my piece I too like the NIA and their agenda regarding inflation. Some of their inflation pieces are really well done and provoke some great questions. However, their research on BVSN is very biased and certainly lacks conclusive evidence. I have followed the NIA since 2010 and never have they promoted a stock to this magnitude.
    Mar 2 08:23 PM | Likes Like |Link to Comment
  • Caution For The Long-Term Investor, Watch Out For A BroadVision Dump [View article]
    When i wrote and submitted the piece the NIA had not started accumulating more shares. SA took weeks to publish the piece. One could speculate the NIA is buying more shares for a last dash pump while the BVSN shareholders dump and make their gains. The stock being at all time highs and the frequency of pumps all times high looks dangerous.
    Mar 2 08:14 PM | Likes Like |Link to Comment
  • Jive IPOs, Broadvision Triples: Who's Next? [View article]
    This pump continuet to defy gravity. With volume drying up and the NIA selling 1/3 or its shares. I don't see the pump lasting long.

    The volume surges clearly demonstrate the NIA has been manipulating the price action on BVSN. From late last year till now there has been no company news, no earnings surprises, or new product developments. Look what the company had to say in its most recent earnings release.
    "In addition, the Company noted that, during the past few weeks, there has been an unusually large amount of trading activity and price movement in its stock. The company is not aware of any corporate development that is believes would explain this unusual activity"
    So the company either honestly is not aware of The NIA’s newsletter or is not afraid of an SEC investigation. Regardless, let’s look at BVSN’s fundamentals, financials and also evaluate the NIA’s top BroadVision claims and decide for ourselves if a 240% YTD rise is justified.
    The first disconcerting thing about the NIA’s research is how they neglect to mention anything about BroadVision’s past, which is less than desirable. The company has had decreasing revenue figures for 11 years in a row. That’s not a typo. the company has been losing sales for more than a decade. BVSN lost 1.8 million last quarter and since the company’s inception has an accumulated deficit of $1.2 billion. BroadVision in its lifetime of operations has lost seven times more money than its current market cap. In fact, after the doc.com bust, BVSN was actually delisted for a short period of time. In 2005, when BroadVision was struggling with liquidity issues they almost sold the company at 35% discount to Vector Capitol at just $0.84 cents per share, the deal however fell through. In addition to decreasing revenue and consistent insolvency, BroadVision has manipulated its stock price and the number of shares outstanding four different times.
    3:1 split October 26, 1999
    3:1 split March 14, 2000
    1:9 reverse split July 30, 2002
    1:25 reverse split October 24, 2008
    Without these splits and reverse splits BroadVision would stand at just $1.50 per share today. The aggressive 1:9 and 1:25 reverse splits are responsible for the company’s small float which has attracted short term momentum traders whom have contributed to the stock’s recent volatility and volume.
    BroadVision’s past and recent poor revenue is never mentioned in the NIA’s newsletter and when one recognizes BroadVision’ss poor sales it automatically refutes the NIA’s main stock thesis, which is, that compared to other social network stocks BVSN is significantly undervalued. In every NIA newsletter, they compare BroadVision and its newest product Clearvale to other social networking stocks like JIVE, SABA, Lithium.com and Newsgator.com. The problem with this kind of evaluation is that these other stocks all have impressive revenue growth, some as high as 70% year or year, where BroadVision has declining revenue of almost 20% year over year. BroadVision is currently not growing and certainly not to the tune of companies like JIVE and Lithium. Consequently, BVSN does not deserve the same multiples as JIVE, SABA and Lithium.
    The NIA’s second most popular claim is its praise for BroadVision’s newest social platform Clearvale, which they describe as a best of bread social network platform. This is hard to believe as Clearvale has been available to consumers for years and revenue continues to decline. Additionally, I cannot recognize one Clearvale customer, you can view them here. When comparing customers of BroadVision to those of Jive Software or Lithium there is no contest between who the more reputable and capitalized brands prefer. If Clearvale was truly an innovative product why would it lack the impressive growth that other social networking stocks are seeing? Why does Clearvale also lack the names and business of large reputable companies that other social networking solutions are attracting?
    Feb 27 10:29 PM | Likes Like |Link to Comment
  • Salesforce.com's Big-Figure Deals Are Misleading [View article]
    WARNING! coming from a CRM short bag holder. I caution anyone trying to short CRM with 96% institutional ownership. Shorting it once it breaks downs is a much much much better strat. Took a big hickey today covering my CRM. Nice piece though Santos.
    Feb 24 08:09 PM | 3 Likes Like |Link to Comment
  • Why Apple Should Not Pay A Dividend (Or Do Anything Else Incredibly Stupid) [View article]
    dropping acid
    Feb 24 08:04 PM | 1 Like Like |Link to Comment
  • Salesforce.com (CRM): FQ4 EPS of $0.43 beats by $0.03. Revenue of $631.9M (+38% Y/Y) beats by $7.9M. Company expects FQ1 EPS of $0.33-$0.34, below $0.36 consensus. Expects FY13 EPS of $1.58-$1.62, largely below $1.62 consensus. Shares +5.7% AH. (PR)  [View news story]
    i'm with you. wow.
    Feb 23 04:26 PM | 1 Like Like |Link to Comment
  • Freeing Up Cash For A Little Carnage [View article]
    Rocco I'd like to recommend a book for you to read - Trend Following by Michael Covel

    So much guessing. So many "I thinks..". What kind of a strategy is "throwing all caution to the wind"? Are you doing this to show others what not to do?
    Feb 22 03:42 PM | Likes Like |Link to Comment
  • Brainstorming Request  [View instapost]
    Rocco!

    I would love to hear and learn about any successful option traders and their specific methodologies.

    For example, we hear about Buffett - Value. Lynch - Buy What You Know , Soykota - Trend Following, and their different approaches to having consistent returns. Is there anyone out there who consistently make money trading basic options? If not, why are we recommending it as a strat?

    Who is the Buffett of options.? I'm guessing Talib's option strategies are very different from yours...

    cheers!
    Feb 17 03:28 AM | Likes Like |Link to Comment
  • Netflix: Major Recapitalization Or Bankruptcy In 2013 [View article]
    What is different from seekingalpha.com and every major financial institution? Don't be so soft. Were all out here to make money, or why would we do the research? When Morgan Stanley owns 1,000,000 shares of CRM you think they're going to post a negative report on it? Wake up dude! Research like this is 100x better than anything you'll find from any institution.

    Remember when every bank had an outperform on Enron at 100, 50, and even 30 bucks a share? good luck...

    Good investment research is an art not a science and therefore you have to make assumptions. The author did a fair and balanced jub applying assumptions and multiples. Criticise his work not the industry... 
    Feb 15 10:24 AM | 1 Like Like |Link to Comment
  • Is Salesforce.com In The Final Stages Of Its Bubble? [View article]
    2900 shares!? whooo! the probelm is you, me and everyone else is short. any good news in earnings and you can expect a 10% pop with short covering...
    Feb 9 02:22 PM | Likes Like |Link to Comment
COMMENTS STATS
243 Comments
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