Not trending towards $9

by Volker Weber

ZZ73E13909

I have been watching the GBS stock ever since an analyst made an outrageous claim about the performance of his investment. Stock was trading at $4.50 with a target of $9. The bid was $2.75, ask was $6. Quite a spread, that shows there is no market for this stock. Weeks have passed, and stock now trades for $2.70. Or isn't trading. Bid is now $1.90, ask is $3. No volumes.

What's going on? Losses are mounting. The company is buying ever more small shops that are no longer profitable. They are betting the farm on providing cloud services. And a technology that turns old ugly Notes applications into new ugly web applications.

Comments

The time will come, when they have to sell companies. The strategy to buy everything in a shrinking market is a dangerous one. But one never knows. If they know things about Vulcan, we don't know, it could be a investment in the future. But there are allready voices in the market, that don't give GBS another year. Time will tell.

Christian Tillmanns, 2011-08-26 20:29

If GBS goes under, who is going to throw around chests of gold at Lotusphere 2012?

Sam Sawatzky, 2011-08-26 21:03

Those who have been around for a while in this market know that these companies come and go.

Volker Weber, 2011-08-26 22:02


I laugh at you each time you bring GBS up - quite right! I always feel that NTF and ED are in to close.

Others who blog, apologise as they post - afraid to upset their pals (ED) but in truth they hit the nail on the head and are bang on.

Notes is Notes, Xpages is Xpages, Domino is Domino and Connections is Connections - in each you can see the best and the worst - who can predict the next 5 years but we'll be here making comments

John martin, 2011-08-27 03:30

@John who is ED? Do you mean Ed Brill? I ask as you say "afraid to upset their pals ED...".

Bruce Elgort, 2011-08-27 04:08

I'm afraid this is not a soap, John & Bruce

Volker Weber, 2011-08-27 08:15

Recent comments

Volker Weber on Warten auf die Telekom at 13:59
Frank Mueller on Warten auf die Telekom at 13:58
Ian Bradbury on Observations from using the new iPhone and Watch at 12:28
Frank Mueller on Observations from using the new iPhone and Watch at 12:03
Ian Bradbury on VanMoof :: Our secret’s out at 11:58
Stuart McIntyre on Observations from using the new iPhone and Watch at 11:51
Ragnar Schierholz on Observations from using the new iPhone and Watch at 08:19
Johannes Matzke on VanMoof :: Our secret’s out at 06:52
Volker Weber on Observations from using the new iPhone and Watch at 23:12
Felix Binsack on Observations from using the new iPhone and Watch at 21:57
Thomas Klein on Observations from using the new iPhone and Watch at 19:37
Manfred Wiktorin on Observations from using the new iPhone and Watch at 17:37
Tobias Hauser on Observations from using the new iPhone and Watch at 17:28
Bernd Hofmann on Observations from using the new iPhone and Watch at 17:14
Oliver Schwuchow on Observations from using the new iPhone and Watch at 16:56
Daniel Meyer on It's a tight race for udoq at 15:43
Oliver Müller on It's a tight race for udoq at 09:41
Volker Weber on Neues Design beim Apple Case für das iPhone at 08:14
Volker Weber on It's a tight race for udoq at 08:12
Daniel Meyer on It's a tight race for udoq at 07:48
Marc Poppo on Neues Design beim Apple Case für das iPhone at 19:46
Dirk Stelloh on HP pre-programmed failure date of unofficial/ non-HP ink cartridges :: Myce.com at 17:14
Jens-Christian Fischer on It's a tight race for udoq at 16:56
Eric Bredtmann on It's a tight race for udoq at 10:22
Alvina Hadwen on CleanMyMac 3 at 09:51

Ceci n'est pas un blog

I explain difficult concepts in simple ways. For free, and for money. Clue procurement and bullshit detection.

vowe

Contact
Publications
Amazon Wish List
Frequently Asked Questions

rss feed  twitter ello  instagram

Local time is 15:53

visitors.gif