Auric, I have not followed CYBR, but a fast screen does not show anything ominous, if at all, the stock could easily go to $20 or so before it rests. It seems to be a turnaround situation, they are just turning positive cash flow, or close to it, growing at almost 100% annually, so sales of $50 MM next year is not inconceivable and a PSR of 10 on these sales in the current market environment, not too high.
I found no floorless, but a prior debenture and attached warrants has a conversion of $.50, so that may add another 8 MM shares to the current roughly 40 MM shares. If you are considering shorting it, don't do it as it is still making new highs, wait for a double top to form or the break of a neck line.
Sorry, but on a fast screen that is as far as I can see.
Good luck.
Zeev |
