Use access key #2 to skip to page content.
$13.31 0.05 (0.38%)
7/3/2008 1:00 PM

Double-Take Software, Inc. (DBTK)

CAPS Rating:
*****

Dev/sell/supports S/W to reduce downtime & protect

View All Commentary (DBTK)

Recs

0

Avatar josephhofmann (28.41) Submitted: 2/26/08 4:08 AM : Outperform Start Price: $11.95 DBTK Score: 19.02

Look at the news.. Why did the stock price drop? DBTK took a big hit when it's 4th Qtr earnings fell short of expectations. As a result the price dropped well below it's true value, Why? The company is making money just not as much as expected, which happens all the time, yet the stock loses over half it's value because as soon as it fell a few points people panicked and starting selling. Now the panic is over, the price has stabalized and it's only a matter of time before common sense takes over, people look at the facts and see this solid company may not be worth the $24 it was selling at, but definitely more than the $11 it's currently at. This one is a no brainer, and a mid to long term buy with a guarenteed return of at least 20% over the next year.

Report this Post Replies: 0 | Reply

Featured Broker Partners