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Velti Halka Acık Limited Şirket Message Board

  • series7_trader series7_trader Dec 6, 2012 11:33 AM Flag

    27 Million contract ........... ( VELT )

    News looming .....

    Likely to be HALTED pending contract update ( VELT )

    Sentiment: Strong Buy

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      • 1 Reply to donaldwilkinson91
      • Velti continues to be highly volatile, and has lost a considerable amount of value for the previous two months. The stock fell roughly 34% after the November 14th financial report and set a new all-time low on November 30th at $3.41 per share and is the Fund's current leading laggard. The stock also has a high short interest percentage at just fewer than 41%. Most followers of Velti to this point are aware of the competitive threats as well as the pending lawsuit with Augme Technologies, Inc. (AUGT.OB). Following Velti's third quarter financial report, the company provided initial guidance on its plans to divest receivable assets in order to facilitate the company's objectives to improve days sales outstanding and cash flows. Despite the current volatile downtrend, Velti continues to provide robust revenue growth and patient investors may find a hefty reward in the upcoming quarters. The company will provide further guidance regarding its progress towards more stable cash flows as well as more insight into the $27 million U.S. contract and other contract pipelines at the January 30th Investors' Day in New York City.

        Sentiment: Strong Buy