Since every single investor is impatiently waiting for the conference call of Websense, Inc. (NASDAQ:WBSN
, WBSN message board
) scheduled for February 1st, the company's stock is tumbling down. After the last trade WBSN lost 0.61% of its value and settled down at $19.82. The stock trading volume was 288,554.
Although October 2010 was quite good for the company, since November the stock was forced to move from $22 to $20 per share. For this reason investors started talking about the future of the company. Is there any reason for anyone to be concerned about it?
Looking at the latest quarterly report filed in November, Websense has improved its operating income over a year: from 1.26 million dollars the operating income grew up to 12.4 million dollars. However, total current assets only managed to jump up by 4% (from $190 million to $198 million).
During the same period, total current liabilities increased from $282.5 million to $305,7 million. According to the data, the company is in a deeper debt than in the previous year. Will this situation improve and what numbers will be announced during the expected conference call? Should we run or should we hide?