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 Finding text in OneNote images at 17:34
Amy Blumenfield on Finding text in OneNote images at 17:31
Ian Bradbury on Finding text in OneNote images at 16:38
Volker Weber on Liberate your Notes app with KEEP.WORKS at 16:31
Ben Poole on Liberate your Notes app with KEEP.WORKS at 16:26
Volker Weber on Finding text in OneNote images at 16:06
Carsten Lührmann on Liberate your Notes app with KEEP.WORKS at 16:04
Volker Weber on Connections/Verse not running on Android Nougat, yet at 16:03
Ian Bradbury on Finding text in OneNote images at 15:47
Jochen Kattoll on Finding text in OneNote images at 15:12
Erik Schwalb on Connections/Verse not running on Android Nougat, yet at 15:01
Volker Weber on Finding text in OneNote images at 14:40
Jochen Kattoll on Finding text in OneNote images at 13:43
Volker Weber on Finding text in OneNote images at 13:28
Jochen Kattoll on Finding text in OneNote images at 13:23
Ingo Seifert on Finding text in OneNote images at 12:16
Mathias Ziolo on Finding text in OneNote images at 12:01
Thomas Einwaller on Finding text in OneNote images at 11:53
Mathieu Pape on IBMers can use Outlook now at 11:46
Thomas Einwaller on Move from Evernote to OneNote on a Mac at 09:35
Daniel Haferkorn on Connections/Verse not running on Android Nougat, yet at 09:34
Volker Weber on Android Nougat is here at 08:29
Norbert Tretkowski on Android Nougat is here at 08:13
Volker Weber on Android Nougat is here at 23:38
Ragnar Schierholz on Android Nougat is here at 23:31

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 18:09

visitors.gif