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Wix.Com Ltd T.WIX


Primary Symbol: WIX

Wix.com Ltd. is an Israel-based company engaged in the provision of a website building platform. The website building platform belonging to the Company enables businesses and organizations to take their businesses, brands, and workflow online. The Company provides solutions that business owners can use to incorporate various aspects of their business on their websites, such as selling goods, making reservations, and scheduling and confirming appointments. The Company provides front-end solutions, as well as a back-end management dashboard. The Company has developed software applications for businesses in specific verticals, including retail and online stores, service providers, hotel and property management, music, and restaurants. These vertical applications are integrated into the Company's Website templates or can be installed on any existing Website and set up by the user without the need to write code.


NDAQ:WIX - Post by User

Comment by zorgon1on Feb 22, 2011 10:43am
323 Views
Post# 18172972

RE: ouch

RE: ouchHi Rock.
Big surprise to me that the market doesn't like the news.  Getting close to trading where it was before the success of this well which really doesn't make any sense. Maybe many recent share holders were planning to sell, regardless of the outcome of the testing.

In the long run, the inherent value will determine the share price.  Guess I'll just stick around for those days down the road and wait out the present volatility.  I'm sure some major firm will recognize the value and start to accumulate the stock at some point.  Canaccord is the major seller today so far (go figure) by nearly a factor of 10 over the next seller, RBC.  On the upside, it's Haywood buying along with "Anonymous".

Also, we won't see any more drilling now until the fall so that might be playing a part.  Sheeple <sic> are so short sighted sometimes.

Last trade, $4.10 on 431, 000 shares and no bottom support in sight really.
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