In the short-term VRTU does not seem to be like a good trade. Im not sure about you guys but awe-some*sto-cks has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
Perhaps a short-term pull back is more likely before the next rally on VRTU? have you guys heard of Awe.Some.Stocks. i started receiving their allerts and so far i am happy.
Have you noticed the volume in Virtusa lately? Smart money coming in, digital transformation in Europe and Asia is big!
Huge, watch the run now!!!!!!!: Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to enhance business performance, accelerate time-to-market, increase productivity and improve customer experience, today announced that Joseph G. Doody has joined its Board of Directors as an independent director, effective February 22, 2017.
What do you all think of Virtusa merging with Pegasystems? Is there value in the digital transformation by having Virtusa to do the work for Pega, I see a lot of synergies here.
Hope you all listened to the conference call.. Big deals going forward and Polaris synergies.
Did anyone notice that Blackrock went from owning 1,800,000 to 3,100,000 shares! That's extremely bullish for Virtusa! They are now a 10.5% owner of the stock.
I wouldn't be surprised with virtusa'a business model and the current market cap that they aren't a good target for a takeover did a substantial premium.
With the current environment I am thinking we can see a run upwards in Virtusa. Banks will have more cash to spend under a trump administration. So will insurance and healthcare companies. We shall see as I own a ton in the low 20s!
Pride breakfasted with plenty, dined with poverty, and supped with infamy.
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 2,830 NASDAQ Stocks Price Analysis This stock mode of correlation coefficient is 0.9 In other words, the correlation coefficient of the other stock
I also think this is a good buying opportunity, personally, I am accumulating. This small organization is less than 1 billion market cap, has the potential to multiply many times in the future through share splitting, future dividends and share price rise, the potential for gain is very attractive.