Don't show againArchive for the ‘Sell Alerts’ Category
Why I’m Selling PROS Holdings Now
Today I issued a sell recommendation on shares of PROS Holdings (NYSE: PRO).
While it is very rare for me to turn around and sell a position in a stock that I had just recently recommended, I believe there are fundamental reasons why it is in our best interests to revisit the PROS story in a few more weeks and liquidate our position now.
Sell ALERT: PROS Holdings (NYSE: PRO) SELL 1/4 Position TODAY Around $7.25
What:
I am issuing a sell recommendation on shares of PROS Holdings (NYSE: PRO) immediately.
I am initiating a SELL recommendation of PROS at or around $7.25 per share.
I’ll be coming out with a post later this evening explaining why.
Where Did I Go Wrong With SoundBite Communications?
It’s been about two months now since I advocated selling your full position, if you had one, in SoundBite Communications (NASDAQ: SDBT), a provider of on-demand customer contact solutions.
In those couple of months I’ve had time to reflect upon what went wrong with my investment thesis in SoundBite, what I learned from the debacle, and how I can apply those lessons going forward.
My hope is that by sharing these insights with you, you can also strengthen your investing parameters and better understand what goes into my criteria for selecting companies for inclusion into the PeakStocks.com portfolio.
The bottom line is that I goofed with SoundBite, but it doesn’t have to be a lesson lost, and one that we can all benefit from in the long run to become better investors, regardless of your investing objectives or experience.
SoundBite Communications: It’s Time To Sell
That’s it, we’re done.
It’s time to liquidate your entire position in SoundBite Communications (NASDAQ: SDBT), a leading provider of on-demand customer contact solutions.
What I heard on today’s conference call, coupled with the Q2 results and forward guidance leave me little choice but to cut-bait and put our money to work in a better company, with better prospects, better management, and better fundamentals.
What follows is a summary of SoundBite’s earnings announcement, conference call highlights, and my reasons for selling my shares in the company.
PeakStocks.com Portfolio Recommendations
It’s now easier than ever to decide what actions to take on the stocks you currently hold, or positions you are thinking of starting based on the recommendations on PeakStocks.com.
It can be daunting deciding where to start, which stocks you should invest in right now, what price is considered a “fair” price, etc.
What if you could only buy one stock, which stock do I feel is the best place to put your money right now?
To answer all these questions, I have created a widget on the left-hand side of every page titled: “PeakStocks.com Portfolio Recommendations”.
If you are new to the site, or haven’t visited in awhile, I created this recommendation widget so you can quickly see which stocks I am currently recommending to buy, sell, or hold. Read the rest of this entry »
Stay Away From Loopnet…For Now
Today I initiated a sell recommendation for shares of Loopnet (Nasdaq: LOOP) and wanted to explain in more detail why I decided to sell our 1/4 position at this time after only recently recommending the company. Read the rest of this entry »
