Don't Miss Out, Biggest Breakout/Rally on Nasdaq is now Imminent!
Concurrent (CCUR) could become largest gainer for rest of this week, as soon as it breaks through $8 resistance it will likely explode rapidly to double digits where it fundamentally deserves to be trading. Only 9.2mm s/o has $24.6mm in cash no debt enterprise value at $7.92 of $48.2mm or just 0.77x revenue when they lead the video on demand (VOD) industry with reach of 50mm homes across 4 continents. CCUR won Emmy Award for their "start over" technology that they deployed in the U.S. for Time Warner Cable (TWC) and Bright House. Soon, CCUR will launch their patented cloud based network DVR technology that will eliminate the need for physical DVR devices and make them obsolete like VCRs.
CCUR's business will boom in upcoming quarters as cable TV companies invest heavily to upgrade their infrastructure to support multi-screen video delivery. Virgin Media (VMED) the largest cable TV company in the UK with an enterprise value of $23 billion just announced that they are currently deploying CCUR's MediaHawk technology to support a new service called Virgin TV Anywhere, which will allow VMED's 3.8mm subscribers to watch on demand content from any location using their tablet, smartphone, or other IP connected device. CCUR's EPS last quarter was up 100% from previous quarter and up 300% from two quarters ago. The #2 VOD/multi-screen company is Seachange (SEAC), which just hit a new 52-week high and is now trading with enterprise value of 1.85x revenue, which would value CCUR at $15 per share!