would expect this rise to be related to hipcricket closing and expected analysts reports....should be just the beginning and as it continues near term the "golden Cross" of the 50 day moving above the 200day miving average price will be achieved for all technicians.
Well I don't think the full ramifications of the acquisition is in the stk price...it was a private company, no one know Its financial metrics etc. And how they really expect to quantify the combined opportunity of the two companies.
But it could be a number of catalysts starting to percolate here not just that
Just kills me how the price goes up on Hugh volume and then come right back down to same level on much lower vol...bullish...t mm's