Sandvine vs. AllotSo Allot was heading to the market for more cash.
That also signalled to me that their shares are overheated, company knows that and it was time to cash in.
That idea abruptly ended as the markets took a turn for the worst.
Allot announced an immediate end to the share issuance.
This obviously puts a damper on whatever plans they had - maybe to shore up on the technologies it is lacking for the future?
Looks much like Sandvine in 2007.
The only difference is that Sandvine was able to pull the trigger and get the cash.
Is Sandvine in a much better position going forward? I think so but only time will tell. Better than watching the Y&R.
I was hoping to never see below 2 bucks again but, oh well!
That's how it goes.
Who's buying?