Rally into Close, Gap Up Tomorrow, Explode Next Week!
Concurrent (CCUR) the most overlooked stock on the NASDAQ today is breaking out and ready to rally late this afternoon followed by a gap up tomorrow, Could explode from current price of $7.71 to a share price well into the double digits next week. CCUR has huge cash position and no debt, enterprise value of only $46.33mm or just 0.74x revenue when its closest comparisons Seachange (SEAC) and Cisco (CSCO) are trading with enterprise value/revenue ratios of 1.90, which will value CCUR at $15.60 per share - double its current share price! CCUR's VOD technology reaches 50mm homes worldwide and now CCUR's business is about to boom big time from cable TV service providers investing heavily for the new multi-screen IP connected video world! Virgin Media (VMED) announced a couple days ago that their new Virgin TV Anywhere service that allows their 3.8mm subscribers to watch on demand content from any location using tablets or smartphones, is now being powered by CCUR's MediaHawk CDN platform! CCUR's EPS last quarter was double quarter before and quadruple two quarters ago, but this is nothing compared to CCUR's EPS growth in upcoming quarters from their new VMED multi-screen video delivery deal!