This is the type of stock that can just grow and grow and grow because the Internet is only getting bigger and better, and AKAMai makes that possible. Buh-bye shorties. This rocket is prepared for lift-off. $50ish looks about a good place to go tomorrow.
Tell me what technicals supported a $54 share price in Nov 2010. Those technicals are in place today given that they reported their biggest quarter ever and so AKAM should be at least $54 in short term.
We've already seen $40 on October 8 and that was without knowledge of the earnings. AKAM said it was their BIGGEST quarter ever. Now that we have better than expected earnings and guidance for a big 4th Q, We should see the BIGGEST share prices ever which would be above $50.