Down 10% last two days and looks like it's going further south. Something must have leaked
11 replies (most recent on top)
@11n more likely to drop to 20 than increase to 40.
So glad I sold last month. The downward pressure was obvious, so I cashed out at $34
We have been analyzed by 10 analysts, with a consensus rating of Hold. 0% of analysts recommend a Strong Buy, 20% recommend Buy, 80% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.
@rd Naga... Naga... Naga... Not gonna work here anymore!
@ea Non-core, non. Not none. Non.
NoneCore like SMBC don't know how lucky they are.
@bd One day, OT will admit that poor sales numbers are it’s fault and not the salespeople’s.
One day.
Big sell off since the employee discount shares got released lol
@bd OpenText is tech Kryptonite.
This quarters sale figures are poor again, year on year growth low, organic growth low.
Remember they did a $300M share buyback which should have increased the price this past year, and announced another $150M share buyback that should have further increased the share price.
Those none-core to be divested are the lucky ones!
First, expect a higher number of layoffs come April if this doesn't recover.
Second, could be, failed to find a viable external CEO.
Third, could be the mass none-core sell off has stalled and they've failed to find a buyer for SMBC so far for the price they want/need.
The Nasdaq has been flat the past 30 days so it's not market specific, it's OT specific.