Geeknet (LNUX) Not Getting Respect from Analysts nor Yahoo! - With Analysts Like This Who Needs Earnings?
PriceTarget Research just announced a new report on February 13th "Retail Intelligence Monitor: overall outlook STRONG - 25 new Leaders; 25 new Laggards". It is available for $20.00. I expected to see Geeknet in the "new Leaders" category.
This report appears prominently on the Yahoo! Finance Main Page for Geeknet(LNUX) (under Reports).
Geeknet (LNUX) appears in the following four categories under Retail - Bottom Performers - February 14, 2010:
1. Earnings Deceleration (??)
2. Asset Deceleration (??)
3. Margin Erosion (ThinkGeek, Geeknet (LNUX)s eCommerce division achieved 27% gross margin q4 v 24% q4 08)
4. Low Expected Growth (Geeknet's eCommerce division, ThinkGeek, experienced +42% YoY Revenue Growth)
Both PriceTarget Research and Yahoo! appear to be in alleged violations of both Federal and State False Advertising, Trade, and Securities Laws in addition to exposing themselves to substantive damages for proximate cause of damages Geeknet would incur due to shareholder reliance on said report and alleged actual shareholder value destruction damages incurred as proximate cause of said alleged negligent misrepresentation(s) and violations.
With Analysts Like This Who Needs Earnings?
chaosUnplugged #1 Motley Fool Leader with both Citrix and Red Hat.