up 2% today. imagine that ----- Original Message ----- From: Steve Jones To: [email protected] Sent: Wednesday, September 20, 2017 9:03 AM Subject: Re: [AFMUG] OT. Is it time to buy UBNT stock?
So bloomberg is hammering them this mirning for not having a big enough board.... Gee, i wonder how it is a company that avoids bloat could have good numbers On Sep 19, 2017 8:56 PM, "Chuck Hogg" <[email protected]> wrote: I agree with a lot that's been said. 1. There are plenty of evangelists. Hell, come to WISPAPALOOZA and you'll find hundreds of them, hell they'll likely be wearing UBNT shirts! 2. Netgear is their competition? So very far from it. Maybe in AmpliFi...but what about the 4+ other lines, AirMax, AirFiber, UniFi, and the accessories. 3. They are one of the most successful in their core space, the WISP market. And all the disruptive pricing agendas pushed by UBNT have forced competition to become more innovative. When you had to bundle equipment together to make a CPE work versus buying it the way we do today....this has not only helped the industry, but also helped UBNT. Regards, Chuck On Tue, Sep 19, 2017 at 9:33 PM, Sean Heskett <[email protected]> wrote: It seems to be the thing de jour for investment bankers is to short something and then bash it because it's about to go down. Jamie diamond kinda did the same thing with bitcoin (although I don't know if he was actually invested in bitcoin) 1. Short something 2. write some FUD 3. Profit!!! Yay 🎉 -sean On Tue, Sep 19, 2017 at 6:40 PM Josh Reynolds <[email protected]> wrote: Didn't somebody do this to one of the credit agencies just last week? Breach the company, bet on the stock going down, release the breach info, profit. On Sep 19, 2017 7:35 PM, "Carl Peterson" <[email protected]> wrote: They are short UBNT. They could look up UBNT's new address but that doesn't help their case so why would they. They shorted UBNT based on the theory that it couldn't work unless it was run by a "real CEO" and management team, I.e people from their club. They got hit hard in the recent run up in share price and are throwing all the mud they can find at the wall in the hopes that some of it might stick. This isn't a research report by a disinterested third party. On Sep 19, 2017, at 8:07 PM, Mathew Howard <[email protected]> wrote: Yeah, there seems to be a lot of complete nonsense in there. They say that nobody is going to sit on a forum helping people setup home router, which may very well be true, but they seem to be assuming that the majority of what Ubiquiti sells is home routers... and I'm pretty sure home routers are actually a pretty tiny percentage of their sales. If you spend a few minutes on the UBNT forums, it's pretty clear that these "evangelists" really do exist, and there are quite a few of them. I could be way off, but as far as I can tell, the majority of UBNT's income is from unifi, airmax and airfiber... and that's a very different market from what the likes of Netgear is dealing with. It's entirely possible that there is some kind of fraud going on, and there are some points in there that are a bit worrying, but there's a lot of stuff in there that makes me think they didn't do anywhere near as much research into the company as they should have before writing something like that. On Tue, Sep 19, 2017 at 6:42 PM, Adam Moffett <[email protected]> wrote: I was not convinced by the argument that they're "too successful". Some Ubiquiti users actually are evangelists, in spite of Left thinking that's not possible. They do have disruptive products in spite of what Mr Left thinks. Left picked on outsourcing engineering to Latvia like that was obviously stupid....when Latvia does in fact make electronics. So he's clearly not infallible. If the only reason for the empty office photos is that they moved, then that's a huge oversight on Left's part. Seemed like a smoking gun, but I assumed the person writing the report is smart enough to find Ubiquiti's current address. Maybe I assumed wrong. The forum being full of bots and lurkers seemed bad at first pass, but in hindsight I guess all forums are full of bots and lurkers. He also claimed that the amount U.S. distributors buy from UBNT is incongruent with their claimed sales. It could still be right if it's like 90% overseas. Is it? How do we know? Just askin. ------ Original Message ------ From: "Josh Reynolds" <[email protected]> To: [email protected] Sent: 9/19/2017 7:21:08 PM Subject: Re: [AFMUG] OT. Is it time to buy UBNT stock? I see few points I'm worried about. They moved into a different office in SJ, I know that much. That happened maybe a year ago? Taiwan thing is worrying. I believe the Chinese mob tried to cause problems for them awhile back. Few years ago. On Sep 19, 2017 6:07 PM, "Mike Hammett" <[email protected]> wrote: I wouldn't be concerned about most of those. Which points are worth addressing? ----- Mike Hammett Intelligent Computing Solutions Midwest Internet Exchange The Brothers WISP -------------------------------------------------------------- From: "Adam Moffett" <[email protected]> To: [email protected] Sent: Tuesday, September 19, 2017 6:01:14 PM Subject: Re: [AFMUG] OT. Is it time to buy UBNT stock? The content. It takes a whole lotta splainin to make all the anomalies make sense. ------ Original Message ------ From: "Mike Hammett" <[email protected]> To: [email protected] Sent: 9/19/2017 6:55:22 PM Subject: Re: [AFMUG] OT. Is it time to buy UBNT stock? The report itself or what the report revealed? ----- Mike Hammett Intelligent Computing Solutions Midwest Internet Exchange The Brothers WISP ------------------------------------------------------------ From: "Adam Moffett" <[email protected]> To: [email protected] Sent: Tuesday, September 19, 2017 5:53:04 PM Subject: Re: [AFMUG] OT. Is it time to buy UBNT stock? My first reaction is they've sold a gazillion units of M series, AC series, Unifi, etc so why would they have to cheat? Now that I've read the actual Citron report, I found it ......unsettling. http://www.citronresearch.com/citron-exposes-ubiquiti-networks/ ------ Original Message ------ From: "Jeremy" <[email protected]> To: [email protected] Sent: 9/19/2017 12:26:46 PM Subject: Re: [AFMUG] OT. Is it time to buy UBNT stock? Well, three law firms representing UBNT investors have launched investigations today. I think I will wait and see what they find. "NEW YORK, Sept. 19, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Ubiquiti Networks, Inc. ("Ubiquiti" or the "Company") (Nasdaq: UBNT). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/ubnt." "LOS ANGELES--(BUSINESS WIRE)--September 19, 2017-- Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Ubiquiti Networks, Inc. ("Ubiquiti" or the "Company") (Nasdaq: UBNT) concerning possible violations of federal securities laws." "SAN DIEGO, Sept. 19, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Ubiquiti Networks, Inc. (NASDAQ: UBNT) ("Ubiquiti") and certain of its officers. Ubiquiti develops networking technology for service providers, enterprises, and consumers worldwide." On Tue, Sep 19, 2017 at 8:57 AM, Adam Moffett <[email protected]> wrote: Interesting article. They've had a high operating margin for a long time so if it was some kind of trick then it would have come to light by now. You can't make imaginary money for very long. ------ Original Message ------ From: "Jerry Head" <[email protected]> To: [email protected] Sent: 9/19/2017 9:31:02 AM Subject: [AFMUG] OT. Is it time to buy UBNT stock? https://goo.gl/JqRHCV
