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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 Scotch12on Mar 23, 2012 2:12pm
299 Views
Post# 19710911

RE: The market's underwhelmed

RE: The market's underwhelmed

During the conference call the company indicated there was a 4-5 times increase in drilling in Tunisia recently with more big players coming in.  Winstar plan seems to be just do some low impact high percentage drilling and bide their time. The subtext seemed to me that they think they will get bought out and they plan to lay low. Anyone else get this impression?

I agree that the Sil 10 problems have really hit the share price but as you indicated we should find out soon enough if they can rectify the issue. The company does not seem worried or they would be planning to drill another Silurian well to prove-up the potential

 

 

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