Concurrent (CCUR) on Friday gained $0.67 or 9.5% to $7.75 per share on HUGE volume of 227,571! CCUR closed at its exact high of day, which was also its high of the week, and its high of the past 4 weeks! NIA believes CCUR could soar above its 52-week high of $8.45 and reach $9 within hours of breaking $8 next week! CCUR has had major $8 resistance for months, but as soon as CCUR breaks through $8 next week, most of the investors following closely from the sidelines will rush to accumulate big positions, in NIA's opinion!
CCUR on Friday rose above its 5-day, 20-day, 50-day, and 100-day moving averages, which is a very strong technical sign that CCUR's biggest breakout and rally in history is now beginning! 100% ofCCUR's short and medium-term technical indicators are now rated a buy: http://www.barchart.com/
You must own CCUR at the close of trading on Wednesday to receive its HUGE quarterly cash dividend payment of $0.12 per share. WithCCUR's annual dividend now up to $0.48, CCUR's dividend yield here at $7.75 is an enormous 6.2%! NIA believes CCUR now has the highest dividend yield out of all technology stocks trading on the NASDAQ, and this will likely attract major institutional buying in CCURnext week that could cause it to quickly explode into double digits!
CCUR's MediaHawk VX on demand video server technology just surpassed Cisco (CSCO)'s CDE 250, to become the #1 highest rated in the industry! CCUR now has over 2.4 million VOD streams deployed worldwide, more than double CSCO! CSCO's current dividend yield is only 2.8%! CCUR's dividend yield won't decline to 2.8% until CCURreaches $17.14 per share!
Next week is the biggest week of the year for the pay-TV industry and its technology vendors, with the Cable Show taking place in Washington, DC, from Monday through Wednesday. Every major pay-TV operator and technology vendor will be at the Cable Show! CCURwill host meetings with customers to discuss industry trends and opportunities in the multi-screen video market. CCUR will highlight the features and advantages of its unified CDN technology, content adaptation software, and media data intelligence solution.
Topics will include:
Status, Trends, and the Future of OTT and IP Video Services
eFactor™: CCUR's dynamic content adaption technology for easily reaching consumers on any device
MediaHawk VX™: CCUR's Unified Content Delivery Solution
CacheXpander™: CCUR's breakthrough new scalable caching solution to deploy larger video content libraries and better manage network constraints
Intelligent Video Archival Software: CCUR's breakthrough new technology for optimizing content storage for Network DVR applications
Media Data Intelligence (MDI): CCUR's cross-screen video analytics for improving the performance of multi-screen video services
eFactor™: CCUR's dynamic content adaption technology for easily reaching consumers on any device
MediaHawk VX™: CCUR's Unified Content Delivery Solution
CacheXpander™: CCUR's breakthrough new scalable caching solution to deploy larger video content libraries and better manage network constraints
Intelligent Video Archival Software: CCUR's breakthrough new technology for optimizing content storage for Network DVR applications
Media Data Intelligence (MDI): CCUR's cross-screen video analytics for improving the performance of multi-screen video services
NIA believes CCUR would already be trading for between $12-$15 per share today if not for its recent $8 resistance, and when CCUR blows through $8 next week it will become the #1 hottest play in the market!
NIA is not an investment advisor and is not making any target prices or financial projections. Never invest based on anything NIA says. Always do your own research and make your own investment decisions. NIA never recommends to buy or sell any stock.
Disclaimer: NIA currently owns 250,093 shares of CCUR. NIA intends to sell its CCUR shares in the future and can do so anytime. NIA reserves the right to add to its CCUR position at any time.
NIA is not an investment advisor. This email is not a solicitation or recommendation to buy, sell, or hold securities. Never make investment decisions based on anything NIA says. This email is meant for informational and educational purposes only and does not provide investment advice.
Additional legal disclaimer information: http://inflation.us/