AlenCiken

PBI jumps on positive pitch from Seeking Alpha contributor

NYSE:PBI   PITNEY BOWES INC
Pitney Bowes jumps on positive pitch from Seeking Alpha contributor

Pitney Bowes (NYSE:PBI) gains 40% after a Seeking Alpha contributor writes that the stock is "significantly" undervalued vs competitors and a break up or sale of company would unlock value.

Expects PBI's global e-commerce business to be profitable for first time ever when earnings are released on Feb. 2.

Highlights that Legendary investor Bill Miller owns PBI and believes e-commerce segment on a standalone basis is worth $12/share, citing 3Q Miller investor letter.

PBI short interest "nearly" 20% of float

https://www.reddit.com/r/wallstreetbets/...

Comments

Good god, not long ago I was there in a big position, insane what one man says can do to a stock
Reply
AlenCiken quantumfluxfield
@quantumfluxfield, yes, its like reddit style pumping
Reply
fchawla AlenCiken
@AlenCiken, If so, crash coming?
Reply
AlenCiken fchawla
@fchawla, buy the dip/crash
Reply
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