Let's talk a bit about the 2 companies, Symantec and UnderArmor.
Few days back, Symantec announced that they will be selling their website security business, in exact, their PKI and SSL/TLS certificate business to another competitor, DigiCert. This is sad, I think, seems they are selling all their prized businesses, previously, Veritas solutions, e.g. storage HA products and Netbackup products, which are one of the most important products required by any company. What's next? I don't know, perhaps selling their endpoint solutions? Sooner or later, they could even break up the company and sell them in pieces to investors. Seriously, I no longer see values in this company, time to offload my interest.
How about UnderArmor? I have vested in it for few months now, but on paper I'm still losing money, very badly. Few days back with the results released, not good, share price dropped. The management is looking to do a company re-org, maybe it's good, but hopefully, it will turn around the company which in the early part of this year those shares went over $30++, and currently less than $20.
