Continuing in the theme of profitless stocks that you guys just love, today we have a technology company called Infoblox (BLOX). Now I'm a guy who appreciates technology. and my wife is a network engineer. but when I read the company's description: "Infoblox Inc., together with its subsidiaries, designs, develops, manufactures, and sells network control solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Trinzic DDI, an appliance designed to ensure the continuous secure operation of network services; Network Insight, a tool that delivers automated discovery, and switch port inventory and control; and IPAM for Microsoft, a Web-based management interface for the centralized management of Microsoft domain name system (DNS), dynamic host configuration protocol (DHCP), and multiple IP address pools. It also provides Trinzic Reporting that automates time-consuming manual tasks associated with collecting, tabulating, and correlating data through its single point of control; DNS Traffic Control solution; External DNS Security, an appliance designed to protect the customer network from cyber-attacks by using threat intelligence; and Internal DNS Security provides security functionality to internal DNS servers. In addition, the company offers DNS Firewall that helps organizations to detect and protect from malware and advanced persistent threats; Infoblox DDI for Amazon Web Services, which provides DNS and DHCP functionality to the Amazon Web Services cloud networking environment; NetMRI that automates network change and configuration management processes; and Automation Change Manager that automates network configuration functions for end customers to make network changes without manual intervention and in real-time." .. I'm going to be perfectly honest here, at first I was in the club going "duh, like what?". After reading through it a couple of times I started to understand that what they make here is for helping computers get data from place to place more quickly. If you were the kind of person who grasped that on the first time through, I have some good and bad news for you. The good news: You are obviously very smart. The bad news: You are probably not very good at investing. There's a bit of a paradox in the stock market world, where otherwise very knowledgeable and logical people have a hard time understanding the markets because they tend to overthink them. Investing is not the least bit complicated and doesn't take an engineering degree to understand. You probably have a very nice trading platform, a nice fast connection, and get caught up in looking at chart patterns. You might think that faster connections and more complex charts will make you a better trader. Sorry, but you are wrong. Since 2009, I have owned and sold in the neighborhood of 250 different stocks. I sold all but two of those holdings for gains. Time in the market, patience, and sticking to buying profitable companies are what will drive your long-term results. You will find everything you really need to know in the company's three main accounting statements: The Income Statement, The Balance Sheet, And The Statement of Cash Flows. Here is what I spotted in the income statement: On a quarterly basis, the company continues to lose money, but each passing quarter this year it has been about a million dollars less than the one before it. The most recent loss was $4.7 million in the 3rd quarter. The company's most expensive costs are Selling, general, admin. On the balance sheet: Net tangible assets have been increasing by about $10 million each quarter. In the cash flow: The company has changed from a cash-flow negative company to a positive one. So, I'd say for now, let's "hold" the stock, or wait to buy in. Let's come back in a year or so and see if that SGA cost has fallen at all, and then we can make a decision to maybe buy. That will give the competitors a chance to get something together and we'll have a better idea about the competitive strengths, if any, that this company possesses.