Vonage Holdings Corp. (NYSE:VG) shares are at $1.80 and they just scraped by last week on their Q1 earnings call. Vonage has a cult following, both subscribers and investors which is why we care about it.  The stock has already disappointed everyone, yet they still manage to stay in the game like an airline company with one foot out the door.  So do you Vonage or don't you? Last week, Vonage reported a net loss shrank to $9 million, or 6 cents a share, from $72 million, or 47 cents a share, in the same quarter a year earlier. Revenue rose 15 percent to $225 million, in line with Wall Street expectations. But it added only 30,000 net subscriber lines in the quarter, a sharp decline from 56,000 additions in the previous quarter and 166,000 in the year-ago period. However, the big ...

I don't own these 2 names directly but do own peers, and these are bellweathers for their sectors so I thought I'd post them. One thing to note today - despite great numbers, the stocks are not reacting. Hence, we could be prone for a pullback shortly in these names. When stocks do not react to great news, that is a potential change in character, just like when stocks shake off bad news and go up. The charts in "commodities" despite some pullback, are still quite overextended and yesterday's call of Goldman $150-$200 oil [Goldman Sachs: Gasoline Not Driving Oil Price - Oil Going to $150-$200] would be the perfect catalyst to mark a near term top... Despite my Kool Aid infusion I am still quite bearish and I view this period akin to Sep/Oct 2007 when we partook in the foolishness to make money but ...