CCUR, low floater best looking chart about to break $8 and explode!
Concurrent (CCUR) only $7.87 per share 9.2mm o/s $24.6mm in cash and no debt enterprise value of $47.8mm or 0.76x revenue of $62.59mm with gross margins of 58%. Breaking out big and looks ready to explode today. Virgin Media (VMED) just announced they are deploying CCUR's MediaHawk platform to power Virgin TV Anywhere a new service that will allow their 3.8mm subscribers to watch on demand content from any location on their tablets and smartphones. CCUR is completely undiscovered and extremely undervalued with the best possible looking chart.Last quarter CCUR's EPS was up 100% from previous quarter and up 300% from quarter before today. CCUR is the global market share leader of video on demand (VOD) industry and cable TV service providers are about to make huge investments this year to upgrade their infrastructure for multi-screen video delivery. CCUR has the #1 unified multi-screen video delivery solution in the world today and will capitalize the most on the huge spending boom ahead in this space! CCUR's closest competitor Seachange (SEAC) is losing money with gross margins of only 50% yet it is trading with enterprise value of 1.93x revenue, which would value CCUR at $15.80 per share, double where it's trading today! Add CCUR to your radar screen this morning and be ready for a huge rally!