Nuance Communications Gets A Wake-Up Call From Carl Icahn [View article]
Billyspeed, I just wanted to come back on one of your points where you stated Nuance was like an exhibition game for Icahn. According to ValueLine, there are 320 million outstanding shares of Nuance. If Icahn has an 10.7% stake in those shares, that brings his holdings at roughly 33-34 million shares. If you multiply 34 million by $19, you get a sizeable amount of money at stake. No, it may not be his Superbowl, but it is an important part of his portfolio I would think.
Nuance Communications Gets A Wake-Up Call From Carl Icahn [View article]
Those are good points well taken. I did mention in the article that the stock is expensive with a P/E ratio of 40. Concerning the technical analysis, I should have been more specific and stated the stock may be basing from the price/action since the beginning of May. Thanks for reading.
That's what I'd pay for it. It's the lower end of the range I calculated. However, as exciting as mobile advertising is, it's still advertising and back-end loaded. They don't make most of their revenues until the 4th quarter.
Yahoo Finance. They actually state it's 28.33% for the next 5 years annually as of today. However, going from 2013 to 2014, it will probably be in the 33% range if the analysts are correct.
Jeremy Siegel may be right, but not everybody is expecting a pullback. The market corrected roughly 20% in 2010 and 2011. Last year it corrected 9%. All I'm stating in the article is that there is a probability that we may be due for a pause, or go lower in the next few months. If we do, I may be a beneficiary, and get some good companies at a lower price.
Those are my limit orders that are stated in the article. I have no plans to to initiate a position in any of the stocks mentioned within 72 hours of my article submission. 72 hours is only 3 days, and I would doubt that any of the stocks mentioned would fall into my buying range unless there was a market crash like in 1987.
Nice article. I agree primarily with everything you are saying. Am trying to buy shares under $15. There's a large short float out on this one, so if there is any good news in the next month, including the earnings release, you may get a nice short squeeze.
Velti: Serial Underachiever Continues To Disappoint [View article]
No problem. I should have stated clearer in the article that what was a growth story, is now a turnaround/value play. It's not what I bought the stock for. The entire sector is under pressure. Even Millennial Media (MM) continues to get crushed.
Velti: Serial Underachiever Continues To Disappoint [View article]
I agree with you that the sector is just starting to heat up, and at $2, you may make some money in VELT in the next few years. However, I don't have confidence in the CEO at this juncture. That's a big reason why I exited. I'll usually hold a stock for 3-4 years if I believe in the story - even if it under performs.
As far as them making $.40/share last quarter, that's adjusted. According to the company press release: "GAAP net loss attributable to Velti of $56.4 million and EPS of $(0.88) compared with a net loss of $15.4 million and EPS of $(0.28) for fiscal year 2011, including $16.9 million related to the write-off of certain capitalized software.".
Nuance Communications Gets A Wake-Up Call From Carl Icahn [View article]
Nuance Communications Gets A Wake-Up Call From Carl Icahn [View article]
Glu Mobile: No Longer The Life Of The Party [View article]
Glu Mobile: No Longer The Life Of The Party [View article]
Glu Mobile: No Longer The Life Of The Party [View article]
Glu Mobile: No Longer The Life Of The Party [View article]
Positioning For A Pullback [View article]
Positioning For A Pullback [View article]
Positioning For A Pullback [View article]
Positioning For A Pullback [View article]
Positioning For A Pullback [View article]
Positioning For A Pullback [View article]
Fusion-io: Opportunity Awaits [View article]
Velti: Serial Underachiever Continues To Disappoint [View article]
Velti: Serial Underachiever Continues To Disappoint [View article]
As far as them making $.40/share last quarter, that's adjusted. According to the company press release: "GAAP net loss attributable to Velti of $56.4 million and EPS of $(0.88) compared with a net loss of $15.4 million and EPS of $(0.28) for fiscal year 2011, including $16.9 million related to the write-off of certain capitalized software.".
Thanks for commenting.