Zeev,
I know your style. Perhaps I'm too easily to get excited. Anyway I still try to be conservative when doing stock-picking and I think I mostly adher to this principle. OTOH, don't underestimate what coverage, splits, the media and most of all CNBC can do to a stock.
To be frank, I really owe you alot. For instance your explaining me the danger of "floorless" constructs to investors (back then on EXSO thread) really caught my involvement and made me aware of the SEC Edgar and its usefulness. Now you are mentioning short interest. I know there are intervalls when short interest figures are published. Are you aware of any website that provides accurate short interest figures. Normally I look into Profiles on briefing and Yahoo, both being fed by Marketguide. But they are lagging and I wonder if there was any more useful source for this kind of info.
Regarding execution there's a lot to be won or lost just by the proper timing of press releases, strategic movements and analyst handling. What is needed in this stock after a big rise are SPLITS, SPLITS and again SPLITS. Big funds buy only at least mid-sized market cap. Float of less than 5 million is too little. Float of 10 million required. That would make a 1:3 split feasable, probably after the PSR of 1 near $60 can be attained...
Another idea I had. It seems that PROG and CMPL are delivering to the same communities. Maybe a strategic alliance between the two could turn out very beneficial for them both. They are already operating intranets to in-source e-biz to corporations. They use this for ordering manuals, documentation and books. Well, PROG could use that, too..
Besides this, CMPL CEO said in a CBS-Marketguide interview that the last quarter of a year is normally the quarter with the smallest amount of growth. PROG has biggest quarter in Q4 but if this is true, then the growth rate of Q1 should even surpass Q4's rate of increase this time.
best regards
CROSSY
Long live PROG $$$ |
