'allisondbl' pid='82958' datel Wrote:You may be completely and totally right. What I'm concerned about is that there might be a pump and dump going on here, maybe helped by the CEO's ahead-of-time letter? and this waterfalls down faster than it's gone up the last few weeks.
I'm NOT, repeat NOT making a comment against the INNOCENT company, and not making ANY comment on the value of the company or its growth. In the end this won't affect the longs who bought a while ago and if I'm right it will be pain for just a short time as the company itself is good and will rise. Again: I'm a complete noob as far as $TEUM goes and have NO deeper knowledge, just sharing what I'm thinking and/or seeing ...
A few remarks:
- The Chairman has a habit of releasing letters to shareholders, this one came when the rally had already taken the stock from $1.50 to $3.80 or so, so he's not doing the pumping.
- Actually, the only one who's doing any "pumping" is SHU, that is, us. I've seen few other recent bullish articles. And SHU started only when the shares were at $2.50 or so.
- Our "pumping" is based on data, which can be verified, and on inferences regarding to stuff like valuation, which can also be verified, even if one might disagree with the conclusions.
- The short position is sizable, but it's not uncommon for a stock after such a rally. Twilio also has a sizable short position, as it happens.
In short, I see very little "pump" going on, there has been considerable "dump" when the short count went up, but that got overwhelmed by buyers, and for good reason. Even in the least optimistic scenario the company will do $100M+ in revenue this year, trading at 4x sales while backlog is exploding.
That is, nothing to see here, IMHO.