This earnings report is anyone's guess, but I do not see a lot of down side. Yeah, it may take a hit if not great, but seems to me, this is pretty baked in. Any pull back will be due to clueless momentum traders, which will only have a temporary effect.
And if we do happen to blow out earnings, or even mildly beat expectations, then yeah... look out. But I'm not holding my breath this quarter.
In my opinion, this thing remains a powder keg of upward potential. I could care less about the short term. I am all in for the long haul and it is still my favorite position, by a long shot, $100m shelf notwithstanding.
I share the confusion expressed by other posters (whose opinions I respect) about the lack of transparency with the shelf, but in the end, I'm willing to put my faith in management, who has done a pretty outstanding job in getting us to this point, which did not just happen by accident. This company is years in the making, with highly specialized technology, and solid channel distribution, with relationships that are only seeming to get stronger.
Lastly, I always come back to this: the company is profitable... full stop. Separately, from the fact that they are profitable, sustainable, somewhat hedged with multiple income streams, and have a pretty decent moat... they have irons in the fire that could eventually make this a 4 or 5-bagger or more... and that's from today's valuations, but its already done that for me, and it only looks better from here.
