CCUR, Low Float Breaking Out, Could Explode Monday
Concurrent (CCUR) looks ready to break $8 resistance and could explode to new highs next week! CCUR closed yesterday at $7.84 with very low enterprise value of $47.5mm or just 0.76x revenue. CCUR is the global leader in video on demand (VOD) technology with reach of 50mm homes worldwide. CCUR won an Emmy for their deployment of "start over" with Time Warner Cable and Bright House. About to revolutionize industry with new cloud based network DVR technology that will make today's physical DVR devices obsolete just like VCRs have become! CCUR's rival Seachange (SEAC) has gross margins of 50% vs. CCUR's gross margins of 58%, yet SEAC is being valued with enterprise value of 1.89x revenue, which will make CCUR an instant $15.53 per share stock! CCUR could gap up big on Monday and make huge gains early next week.