RE:FYI: Technical Analysis - So much RED !I'll comment. I've owned it since $17. These guys know exactly what they are doing. Their business model is much like Constellation Software.
ESL is a $1.4 billion company and CSU is $11 billion. I wondered how long CSU could keep it up when it passed $2 billion in market cap but it has kept going - last quarter for example was a blowout.
I guess when I look at ESL, I just look at the length of the runway. You can't judge any short-term price action, it is quite meaningless and affected by short-term issues like money flowing back into oil and gas.
You have to think this may be a $10 billion company in 5 years - they have that much opportunity at their feet and their execution has been absolutely flawless over the past five years. I can't think of any stumbling in the C-suite in the past five years for Enghouse.
That is my perspective for what it is worth.