<<You won't get an argument from me in regard to the Insider Selling. But when I refer to shareholders, I'm also referring to all the retail momentum players who trade FFIV's entire float every few weeks.>>
I knew what you meant, however, I had to take a shot at all those insider sales, not only have they killed the company's value, but, they've shot investor confidence. This is critical considering how young, like you stated, the company is. The least they could've done was give the stock some legs before cutting it from the knees.
I agree with you as far as value, looking at PE and declaring the stock "cheap", is useless.
Saw Barton Biggs on Luise R., on PBS. The only thing that I could say is, My how the mighty have fallen. But then again being wrong for ten years will even bring down the best of us. It was amusing and delightful, at the same time. When the dust settles and people look back, they will not believe how losers like Biggs and Accompora actually moved markets at one time. As if they had God like powers and their opinion actually meant something.
Zead |
