Digital River, Inc. (NASDAQ:DRIV)

CAPS Rating: 2 out of 5

The Company provides outsourced e-commerce solutions globally to a variety of companies primarily in the software and high-tech products markets.


Player Avatar BradLSU (< 20) Submitted: 12/14/2009 1:26:37 AM : Outperform Start Price: $26.00 DRIV Score: -92.15

What a tremendous bargain. This is a once in a lifetime opportunity. DRIV is down from 52wk high of $41.20 to recent $25.86 and appears to have bottomed out. The stock price includes over $10 in cash per share with no debt. This means that the company is not going out of business, and the true price of the stock is only $15.00.

Don't take my word for it though at this truly opportune moment: CEO Joel Ronning purchased $5,013,000 worth of stock on Nov 9 between at about $25.80, and I quote Mr. Ronning "I've watched the [stock price] go up and down over the years, and every time it's been down, I've kicked myself for not buying. I swore I would buy the next time it went down," Mr. Ronning said. "This time, I quit kicking myself and actually made the move."

Its so nice to see a CEO kick a$$ and put his money where his mouth is when most of the pansy insiders out there today are selling their company stock.

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