USC, great call, I was clearly more pessimistic than you...your prediction was spot on.
In short, Alex B has learnt some lessons from ODN, with only 85% Dropmysite shareholder approval required as part of RTO....on balance this deal may move a lot quicker than ODN.
With former Google exec Elandari at the helm, and a growing cloud back up business with significant global partners, I think this stock is still undervalued at current price...even if there are 1B shares post RTO.
IMO
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 26 | $2.59 |
Sellers (Offers)
Price($) | Vol. | No. |
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2 | 3003 | 2.580 |
1 | 3000 | 2.570 |
2 | 1313 | 2.550 |
1 | 395 | 2.530 |
Price($) | Vol. | No. |
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2.750 | 10675 | 2 |
2.800 | 12000 | 3 |
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