Post by
Actinolite on Oct 14, 2016 3:58pm
Oversold and Qtrly earnings
Recent downtrend despite positive news? RSI and stochastic shows Neulion is oversold right now. I'm think it's an excellent point to enter. However, I'm pretty wary about the market's reaction to an earnings miss on Nov. 3rd. Might be an even better opportunity to pick up shares then.
What are expectations for this quarter. I'm guessing with acquisition of Sapphire and expansion of sales reps, operating expense for the quarter YoY will be. Not sure what sales Sapphire adds on or what the expectations are for organic sales growth this quarter.
Also, does anyone know what, if any, impact the Brexit and devaluation of the GBP against USD (with regards to the impact on Sapphire)?