Price Spike From $ 7.70 to $ 8.05 in last 5 minutes was from huge buy blocks of over 2 million shares. News came out late in trading day; that millions of government employee that were victims of government hacks will be given free Life Lock protection for 2 years; PAID BY OPM Agency. The late day price spike should be clarified by tomorrow. Lock may easily hit $ 10 soon. The end of day buying / volume is very bullish. Shorts have to be very concerned.
A no brainrer Institutional buying has begun with Zixi now over $ 5. Zixi will be over $ 7 by end of July earnings. A prime buy -out target.
CNBC Cramer loves Zix and predicts it will cost a lot more in 6 months. My finance manager at Golmans advised me to add more shares asap. I sold my 6000 shares of FEYE and bought 65,000 more Zix shares @ at $ 5.15 average. Now own 100,000 shares @ $ 5.02 average. A $ 8 buy =out offer is likely.
Cyber security analyst interview indicates smaller companies like ZIXI are now prime acquisitions with 59 % +++ premiums. Holding onto my 40,000 shares.
MYI had a good day with the overall market down 85. MYL closed stronger and strong carryover in AH. New 52 week high looking likely by Friday. Teva will make one more higher offer soon. Probably around $ 95.