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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 CalifDreamingon Feb 22, 2011 12:35pm
396 Views
Post# 18173959

RE: Resluts, er results.

RE: Resluts, er results.Verbonac grossly over hyped this play.  This well was in the gas window (as WIX clearly indicated on one of their presentations) which he "forgot" to mention (which of course has dramatic value effect due to lack of nat gas infrastructure).
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WIX seems destined to remain an under achiever.  How many "high impact" wells have they drilled while production continues to stumble along at ~2000 boed?  Seems like they've been around that number for the last 5 years.
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Verbonac should be horse whipped for hyping this play without a word of caution wrt to the likely discovery of gas in this well.
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