Rising 75%+ or so in a week, still a buy?
Asure Ran Up 50% In A Week – Is It Still A Buy? – Seeking Alpha
Asure Ran Up 50% In A Week – Is It Still A Buy?
July 13, 2012 | about: ASUR
Assure Software (ASUR) is an interesting little company and has been on a tear lately. Its shares basically went from $4 to over $6 in five trading days, so time to see what’s going on. First things first, what do they do?
Asure Software, Inc. provides on-demand workforce management software and services worldwide. The companys software empowers small to mid-size organizations and divisions of large enterprises to operate efficiently, increase worker productivity, and reduce costs. It offers products that optimize workforce time and attendance tracking, benefits enrollment and tracking, pay stubs and W2 documentation, and meeting and event management. [Yahoo]
In the past it was known as Forgent, a company that was mainly licensing and was involved in what some argued were questionable patent practices (claiming to be the owner of the JPEG image compression standard, for instance), but these days seems well and truly behind us as the company changed focus, name, practices, and much of the board. [Read on here]