Thursday, September 21, 2006


Fly Buy: VSTH

I bought 5,000 shares of VSTH @ $8.90.

Why'd you add more at this level? Averaging up? I'm a big fan of Akamai, so I'm getting more and more interested in VSTH.
Well, they are doing a big secondary, diluting its shares by 20%. That's why the stock dropped.

Also, their contract with Myspace expire 9/30/06. Myspace represents 33% of their business.

The stock is weak due to uncertainty-- regarding Myspace. However, I feel they will remain a client.

Additionally, they will start to recognize ad revenue via video. Something they have never done before.

The CEO feels their growth chart can represent a hockey stick.
Post a Comment

Links to this post:

Create a Link

<< Home

This page is powered by Blogger. Isn't yours?

 Subscribe in a reader

DISCLAIMER: This is a personal web site, reflecting the opinions of its author. It is not a production of my employer, and it is unaffiliated with any FINRA broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.