Mark Gomes'  Instablog

Mark Gomes
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This profile, along with Mr. Gomes' investment methodology and article on "Tripling Your Money" (http://tinyurl.com/nx336wn) are required reading to understand how Mr. Gomes' researches and trades his picks. His updates are communicated via his Seeking Alpha Instablog/Articles/Comments and... More
My company:
Pipeline Data, LLC
My blog:
The Pipeline Data Newsletter
My book:
Faster Than Forty
  • Still Negative On Shares Of BVSN 1 comment
    Apr 27, 2012 3:41 PM | about stocks: BVSN

    I have great respect for all of my readers, but it's hard watching them get influenced by flawed due diligence.

    Folks, if Gartner doesn't even acknowledge them among their 20 Magic Quadrant vendors, what does that tell you about the product and how much competition there is out there?

    Here's my latest exchange with a reader...

    p.s. As always, you can get my free real-time Twitter alerts by texting FOLLOW BOSTONGEKKO to 40404. Cheers.

    Kelstar62

    I believe investors realizes this is definitely not a pump & dump stock. Business Social Networking is here and BVSN is poised for success with Dr. Chen at the helm.

    27 Apr, 02:46 PM

    Mark Gomes Comments (410)

    Kelstar62,

    I can't say that I agree.

    The shares deserved a higher valuation when I first picked it (see http://seekingalpha.co...), but the valuation most certainly became excessive, which is why I flipped from long to short and called the last two earnings disappointments:(http://seekingalpha.co...).

    You can count on me to call the stock a good buy gain when it is warranted. I have great respect for Dr. Chen, but I still believe that BVSN shares are overvalued. Plus, the momentum has clearly turned negative.

    Keep in mind that we've called this stock right (long, short, and quarterly results). I will be waiting for a pullback to our fair-value target of $15.50.

    Best Wishes,

    Mark G

    Disclosure: I am short BVSN.

    Stocks: BVSN
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    Author’s reply » As always, you can get my free real-time Twitter alerts by texting FOLLOW BOSTONGEKKO to 40404.
    27 Apr 2012, 03:41 PM Reply Like
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