Valuing companies strictly on earnings versus growth projections would have left about 65% gains out of the portfolio thus far this year. But if you are trying to do a comparison and understand why BVSN can still go higher, go look at the ratio's of VIGN and NETP versus BVSN. BVSN is a steal compared to two supposed competitors. So I suppose you would also hate some of my other favorites based on your analysis (IIXL,TERN,EBAY,AMZN,SUNW,MSFT,ATHM,LVLT,USIX).
I'm no technical analyst, but I could see BVSN dip back to the mid to low 60s prior to earnings, maybe your short is called for here. BVSN for me will continue to be a long term hold until I hear the story change through the press releases and quarterly conference calls. Good luck. |
