Well...
I have been a long time SPNSF share holder simply because of my belief in the management and their tight hold on the company in addition to company's line of products. When I read most of the comments on this thread I get this feeling that SPNSF is becoming more and more a hype stock! The only subjects most seem to talk about is how high this stock goes, or how low it will reach, etc. There is no talk about the underlying company that we all so dearly hold its shares, and why we think the stock may go up or down! I become very nervous when people buy the stock but dont really know why the underlying company is worth investing. Saying just because this stock is going to hit $18 does not say why, it would do so! As a poster on this thread I may have also done a similar thing but at the same time I have also pointed out as why I think SPNSF will go much much higher.
Again please I hope I am not taken the wrong way, but I become very nervous because of the hype and the spin that is put on the stock without any backbone and reasoning. This is the best indicator of how volatile a stock is and will continue to be for sometime.
But perhaps one reason we, (including myself) can not post out any info on the company than we already have (as opposed to for example a company such as Sun Microsystems) is that Sapiens follows a traditional private type of company which does not issue too many news and is still very much closed to outsiders. This maybe understandable due to the tight control of the top management over the company (after all they own 40%+ of the outstanding shares). It would really be nice and a change to see if someone can truly dig into the company's business and some fundamental news on the company (anything, like who is sitting on the board, what they do, how the company is doing for example in South Africa, how does their balance sheet looks lately, etc.), rather than predicting how the stock will do next Monday or next Tuesday at some certain time!
Again I hope I am not taken the wrong way, but I just hate to see this thread ends up being a shallow, hype type of site for people trying to hype and to put a spin on the stock without any merits. I have seen it happening to a couple of other stocks (and they did deserve it), but I believe Sapiens is far far above as just your everyday hype company.
Regards,
Addi Jamshidi |
