May. 12 at 3:19 PM
$DAVA CEO got his shit SMOKED 🚬. Company would still be
$10+ had he not blown their cash balance on both that acquisition (which appears useless) and buybacks (which also appear useless). The buyback program offset dilution and took some shares off the market, but it’s a wasted effort.
This is uber deep value here, but ONLY if they grow again. Haven’t grown in 3 years as this entire industry has done nothing since the Ai boom
Same for
$EPAM although they are doing a lot better operationally