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Velti plc Message Board

  • mtc44380 mtc44380 Mar 11, 2013 4:46 PM Flag

    Thoughts for price action tomorrow and Weds

    I think tomorrow will be a down day for the market, however, VELT will be up, I feel like a close between 3.40-3.50, with a majority of the move coming at the end of the trading day (mostly shorts covering).
    Earnings will be release AH and the stock will rise, revenue and EPS will be light, however, forward outlook will be positive and the stock will jump to $4.00 on the news. Shorts may start to cover a little more in the coming days, driving the price back up to $4.50, and THAT IS HOW I SEE THE WEEK PLAYING OUT!
    Just my opinion, but I think this stock has been hammered as of late and it way over sold. One ounce of good news and she is a rocket to the moon.

    Sentiment: Buy

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VELT
0.06260.0000(0.00%)Dec 13 4:00 PMEST