Gotta get some DIVX

Discussion in 'Stocks' started by michaelscott, Apr 9, 2007.

  1. Looks like DIVX might become a player once more.

    After Hours: $24.00Change: +3.90 +19.40%Volume: 688,474
  2. Only up after being mentioned by Cramer tonight.
  3. This wasnt just Cramer, there was an actual earnings call that was very positive.
  4. S2007S


    its hard to jump on a stock thats already up over 20%. You mentioned DIVX and NUVO, it would be nice to mention it before the stock rallies. Wouldn't it? :p
  5. Aghhhhhhhhhh dammit I hate it when this happens

    wish I bought divx this morning

    Just image how much money you could have made if you went ALL IN on margin

    That would be awesome

    Make so much money
  6. topdown


    DIVX announces earnings after market close. Could we see another 20% jump?

    I sure hope so!
  7. mde2004


    Nice call toptrade as it is down 15% AH.
  8. topdown


    Can't win 'em all. I have been in since the IPO - looks like I'll be out tomorrow.

    I still like the potential for the product and really believe IPTV is where things are going. But it just goes to show you without decent management, a product is not enough.

    This needs to be taken over by a real company. If I had more patience, I'd continue to hold - but this shyt is ridiculous.
  9. I wouldnt jump off the train immediately though. The price has been trending down for the last 10 trading days.

    Jan-Feb-Mar there was a head/shoulders on the chart with a target price of the low 17s. Amazingly thats where the price sits afterhours now.

    My prediction is that the reaction in the illiquid afterhours was overdone and there will be a bounce especially considering that the price target of the h/s has been reached and the stock has been selling off the last ten trading days.

    I think it will at least bounce to the 19s before making a decision of where to go next.

    Divx quarterly profit rises
    (5:20 PM ET) SAN FRANCISCO (MarketWatch) -- Divx Inc. (DIVX : divx inc com
    News , chart , profile , more
    Last: 20.00-0.16-0.79%

    DIVX20.00, -0.16, -0.8%) late Tuesday reported first-quarter net income of $3.66 million, or 10 cents a share, up from $3.28 million, or 11 cents a share, in the first quarter of 2006. The San Diego-based software company said revenue in the three months ended March 31 rose to $20.2 million from $14.1 million a year ago. Analysts polled by Thomson Financial were expecting, on average, a per-share profit of 14 cents on revenue of $19.8 million. For the second quarter of 2007, Divx expects revenue of $16.7 million to $18.7 million. Analysts are looking for revenue of $18.2 million.

  10. topdown


    #10     May 3, 2007