>>> Any insights?
From a product POV, i can tell you that I just finished building my first application with ALLR's Cold Fusion and bought the stock on the first drop I saw. I don't see why this hasn't followed the trend on a company like BVSN, but I don't see why it can't. I can see Cold Fusion as a standard for web application development in the future and for a while to come. After all, it is the 'only development tool born and bred for web development', as any ALLR-techno-bigot will tell you.
Financially, a company that has $-.53 earnings, a P/S of 25 and a $1.5b mkt cap, is definitely what I would call a risky investment. Maybe even a Greenspanesque 'bubble'. And these numbers are after its already lost 1/3 of its mkt cap from a high around 190. But given the potential for long term returns, I just bought in with the turnaround in MACD last week. Plus with the split coming on 3/15, there should be some good hype and nice price bump.
Admittedly, I have not done all my homework on this, such as # shares oustanding v. institutional hold. But my risky assumption is that if the institutions aren't here yet, I just happened to beat them to it.
As always, JMHO,
KD |
