Sam Rogers: You are panicking.
John Tuld: If you're first out the door, that's not called panicking. - Margin Call (2011)
UPDATE Dec 10, 2015: Caveat Emptor: Neustar MarketShare Acquisition, 2016 $NSR Guidance
UPDATE Nov 13, 2015: The bears continue to maul Neustar (NYSE:NSR), $NSR stock now down 23% in just 6 trading days--Nov 6-13, 2015--closing today at $22.90 -1.07 (4.46%), on even heavier volume than yesterday: 1.36 million shares. See chart below:
Above: Neustar (NYSE: NSR) stock chart for Nov 13, 2015 (source: google.com) |
Neustar $NSR 5-day stock chart above (source: google.com) |
Share Volume: 1,120,000 on Thursday, Nov 12, 2015 (source: NYSE)
90 Day Avg. Daily Volume: 626,257
Market cap: $1.27B
Principal domain name: neustar.biz
It's been a rough ride for technology company and Domain Name Registry (.biz, .co, .us, .nyc, et al), Neustar, and its shareholders, since last Friday. The stock is now down over 19% in just 5 trading days, as the above indicates. For more information and background, see previous posts on Domain Mondo at links further below.
"Since our previous article detailing how NeuStar (NYSE:NSR) is unlikely to survive without its NPAC contract, management has strengthened the bear case once again by making a rather costly acquisition and increasing leverage significantly, while canceling its share repurchase scheme ... Clearly, the company is extremely cash strapped as they were forced to cancel their $150M share repurchase program after only spending ~$102M ... Recall that management announced this share repurchase programme on the same day that they confirmed the loss of the NPAC contract. (The termination of the share repurchase was only announced through a passing remark in the conference call. There was no press release)."--John Zhang, Seeking Alpha, Nov. 9, 2015 (emphasis added)(note: Zhang is short $NSR)
Previous posts on Domain Mondo:
See also:
Caveat Emptor!
Follow @DomainMondo
DISCLAIMER
Previous posts on Domain Mondo:
- Neustar $NSR Shares Tanked Friday After Marketshare Announcement
- Neustar $NSR Will Lose $500 Million Annual Revenue, 80% Downside?
- NeuStar: Costly Acquisition Strengthens Bear Case
- NeuStar: The Loss Of The NAPM Contract Sees New Disclosure
- Neustar: 80%+ Downside Within 13 Months
- $NSR among S&P 1500 Most Heavily Shorted Stocks | Seeking Alpha
See also:
- EDGAR Search Results: Neustar
- http://www.nasdaq.com/symbol/nsr/risk
- http://www.sec.gov/Archives.... (pdf): "We [SEC] have completed our review of your filings. We remind you that our comments or changes to disclosure in response to our comments do not foreclose the Commission from taking any action with respect to the company or the filings and the company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. We urge all persons who are responsible for the accuracy and adequacy of the disclosure in the filings to be certain that the filings include the information the Securities Exchange Act of 1934 and all applicable rules require." [emphasis added]
Caveat Emptor!
Follow @DomainMondo
DISCLAIMER