After a huge Q4 beat, CyberArk (CYBR) guided to weak Q1/2016 numbers. The company has a history of smashing estimates so the guidance $0.16 for Q1 should be kept in perspective. Q115 beat by $0.11Q215 beat by $0.13Q315 beat by $0.13Q415 beat by $0.19 Part of the fear is that the cyber-security sector had demand pulled forward last year after some large security breaches. Investors should position to own these stocks prior to the next big hack as CyberArk has lose 50% since the 2015 peak. Disclosure: No position