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 22 Wochen mit 2600 km. Oder: Kleinvieh macht auch Mist. at 18:14
Matthias Welling on 22 Wochen mit 2600 km. Oder: Kleinvieh macht auch Mist. at 18:12
Volker Weber on 22 Wochen mit 2600 km. Oder: Kleinvieh macht auch Mist. at 16:40
Torben Vendelev on Rainy Days and Mondays - Don't get me down at 16:39
Dan Silva on David Yarrow Photography at 16:22
Marcus Kohler on 22 Wochen mit 2600 km. Oder: Kleinvieh macht auch Mist. at 16:11
Volker Weber on 22 Wochen mit 2600 km. Oder: Kleinvieh macht auch Mist. at 14:34
Michael Ströhle on 22 Wochen mit 2600 km. Oder: Kleinvieh macht auch Mist. at 14:26
Ralf M Petter on 22 Wochen mit 2600 km. Oder: Kleinvieh macht auch Mist. at 13:56
Hubert Michl on Two is the magic number at 13:41
Mick Moignard on This is very hard to believe at 12:40
Thomas Cloer on How to get started with SONOS at 11:19
John Lindsay on Rainy Days and Mondays - Don't get me down at 11:01
Tom Jarane on David Yarrow Photography at 10:24
Ian Randall on This is very hard to believe at 09:55
Frank Quednau on This is very hard to believe at 07:57
Ralf M Petter on This is very hard to believe at 06:43
Gregg Eldred on This is very hard to believe at 03:08
Kai Schmalenbach on This is very hard to believe at 21:04
Hubert Stettner on This is very hard to believe at 20:29
Jörg Weske on How to get started with SONOS at 13:05
Timo Stamm on Amazon Cloud Drive drops the limit at 10:23
Volker Weber on Watson - ? - Profit at 22:47
Ludwig Deruyck on How to get started with SONOS at 17:56
Max Nierbauer on Two is the magic number at 07:37

Ceci n'est pas un blog

vowe.net is a personal website published by Volker Weber a.k.a. vowe. I am an author, consultant and systems architect based in Darmstadt, Germany.

rss Click here to subscribe

Hello

About me
Contact
Publications
Certificates
Amazon Wish List
Frequently Asked Questions
Follow @vowe on Twitter

Local time is 05:16

visitors.gif

Tip jar

Archives

As most of my articles roll off the front page rather quickly, I am making an archive of previous posts available here. You can also use the handy search box at the top of the page if you are looking for something particular.

Last 30 days
More archives

Mobile tag for this page

© 1992-2015 Volker Weber.
All Rights Reserved.

Impressum