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Replies to #144 on FireEye (FEYE)

Sundance2

10/11/14 11:10 AM

#145 RE: Nightridertwou #144

No way are they going BK. I have been in and out of this stock and done very well. This week however has cut my gains 50%. Got back in a 28 and you know the rest. My expectation is that they will beat again. My worry is with their mgt. They are clearly hated by WS for ripping off investment firms when CEO and other insiders sold within months after IPO and days before announcing a large secondary offering causing the stock PPS to plug. Then the stupid CFO announce DURING the last qrtly call that he changed how they account for sales. Of course everyone including me got very suspicious about the numbers they were reporting and they turned a fantastic qtr into a disaster. The PPS has suffered since. This stock clearly has a lot of potential to the upside but they really need to dump their CEO to get the sour taste out of WS mouth IMHO. I have also seen their CEO on various TV shows and he is a terrible advocate for this company, comes across as unprepared to answer simple questions, doesn't inspire you to want to join in and his personality is flat as a board. Oh, did I mention his answers to question are about as deep as the paint on your house... Good thing for this company the demand for their business is red hot. But that will change with more competition. At this point, this stock is only good for quick flip IMHO.