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MOBL - MobileIron: Not An Investment For This Year
MobileIron Inc.
MobileIron, Inc. (MOBL) is a company that has been beaten down more than most during the recent stock market crash. Back in the fall, the stock price was ~$8 but has plunged to a recent price of less than $3.70 for a drop of more than 50%.
(Source: Yahoo Finance/MS Paint)
While I sympathize with existing shareholders, I believe that there are enough issues with this company that one should avoid MobileIron at least for the next year.
One issue is that MobileIron is guiding for negative revenue growth for the first half