quite honestly i'm glad they have downgraded their estimates, i have always felt that they set the bar just above reach for what ever the reason. given the tremendous growth they have experienced over the last two years it has been unfortunate that it wasnt always recognized by the market because of dahlmans initial higher expectations. hopefully this will now give the company more of the credit they deserve without all the analyst hype. in due time i believe they will consistently beat analysts consensus and hopefully there will be more than one giving coverage. whats most important here in my opinion is that the company is doing there job and growing in a way that will ultimately become profitable.
the key here imo is patience and being able to recognize where the fundamentals of this company will take us in the long haul(JMHO)
Kind of odd that they kept the revenues estimates intact one of which I agree with but 55 million for the year assumes a 22-25 million fourth quarter...where's he pulling these numbers from?
Im actually pretty excited that they lowered the target. Doing this ahead of the Q tells me they might know something...a push to $1.50 and they meet estimates or possible beat it.. and come out smelling like a rose??
Very interesting that they kept 2009 revenues (127M) the same. It's just a matter of time imo before all these parts come together to impact the bottom line. Until then, buy the panic. Not just DPDW but other great companies that have been beaten down.