Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
someone take out .035 already.
newbie! fancy seeing you here.
lets see the big bidder at 19 take out some of the 3/4 range.
One penny from the 52 week low, and 1.77 from the high! With the client base here? Funny
Onlymoney... Agreed matter of time ;)
People really should read the form 4's and 5's. Then look at the client list, price per share history,this thing is going to be a history maker.
It sure will... News and 10k do this week
RACK will continue its move this week IMO.
MB
Take .04s out we are off to the races...wont take much.
RACK insiders Buying Form 4's & 5's -Client List Fortune 500 Companies.
http://www.nasdaq.com/symbol/rack/sec-filings#.UW1BA45Xtbw
http://www.nasdaq.com/symbol/rack/insider-trades#.UW1Blo5Xtbw
http://www.rackwise.com
http://www.rackwise.com/clients
What u got here
Hey stock need to get some info in the stickies
Hopefully Rack is awesome also! I will continue to share what I find with my simple google searches. I don't have private messaging, but look forward to holding rack for a good return also!! Will still try and delve into why the demise over the past year and share what I find. Hopefully others share the good and bad also!
Nice
looking forward to the updates
ty
Im BOARD MODERATOR now..will be here a while...I called the company yesterday and there is a lot fo updates coming..stay tuned.
My last 3 were REA* 1253%, BEA* 400%, JRRD 212%...This will be very good play for a while...company is way undervalued and chart is very bullish.
a year old, but still an interesting article about rack..ww.bizjournals.com/sacramento/print-edition/2012/05/04/software-developer-rackwise-folsom.html?page=all
SUBSCRIBER CONTENT: May 4, 2012, 3:00am PDT
Software developer Rackwise moves to Folsom
Publicly traded startup lands new management, infusion of private capital
Mark Anderson
Staff Writer- Sacramento Business Journal
Email | Twitter | LinkedIn | Google+
Rackwise Inc., a fast-growing technology company, moved its headquarters from San Francisco to Folsom last week.
The publicly held company, formed six months ago from a merger with a six-year old technology development company, has landed new management and an infusion of private capital.
Guy Archbold, new chairman of the board, chief executive officer and president of Rackwise, lives in El Dorado Hills and didn’t want to move to San Francisco. A former New York investment banker, Archbold is a director with Denver-based Black Diamond Financial Group LLC, a venture capital firm that is a major shareholder of Rackwise. He previously had been chief executive of BluePoint Energy, an El Dorado Hills company that was liquidated in 2009.
Eleven others, including senior management, have joined Archbold in Rackwise’s Folsom office. The company’s remaining 28 employees are in Boston, New York, Dallas, Chicago and Los Angeles.
The thinly traded Rackwise (OTCBB:RACK) has raised $9 million in private capital since September and hopes to raise another $2 million in a private offering before the end of the second quarter.
The money, raised from both existing and new accredited investors, will be used to grow sales, Archbold said.
The company, which develops and sells management software for data centers, had $2 million in revenue last year. Though relatively tiny, the company provides evidence that Folsom is gaining clout as a technology hub, said Dave Sanders, managing partner of the executive search firm WorldBridge Partners in Roseville.
“I’m glad someone did the math and decided to come this way for a change,” he said.
Rackwise clients include Cisco Systems Inc., Adobe Systems Inc. and General Electric Co.
Moving its headquarters to Folsom already has affected the local market. Anticipating the move, Rackwise in February hired longtime local executive Jeff Winzeler as its CFO. Winzeler was CFO with Solar Power Inc. in Roseville and before that with International Display Works, also in Roseville.
Having a headquarters move to the region has many benefits, including opening positions for executives, said Meg Arnold, CEO of the Sacramento Area Regional Technology Alliance.
“There are a lot of talented executives in this region that commute elsewhere to work,” Arnold said. “We have more executive talent in the region than is generally recognized. We need to change that perception, and we change that by having them work here.”
Rackwise specializes in infrastructure management software for data centers. By making the centers’ servers more efficient, customers can save up to 20 percent in energy costs, Archbold said.
The power and thermal management component Rackwise wraps its technology around was developed by Intel Corp. Rackwise signed a multiyear software integration and license agreement with Intel in December to sell the Intel Data Center Manager.
“Our real-time power management is plugged into their solution,” said Ajay Garg, global business development manager for Intel’s Software Solutions Group in Portland, Ore.
Rackwise is using the visualization technology developed by Visual Network Design Inc., the 2006 San Francisco company it bought out six months ago in a reverse merger.
Rackwise’s technology selects the most efficient servers in a data center and uses them at near capacity, throttling down energy use in the central processing units of other servers. The technology is based on the simple concept that it is more efficient for fewer servers to be used at near capacity than it is to have many servers running at low capacity, Archbold said.
Rackwise’s customers are companies that run their own data centers. The Sacramento region has dozens of very large data centers. And including Rackwise, the region now has three locally based companies that make data centers more efficient.
Rackwise moved into the Folsom building recently vacated by SynapSense Corp., which sells technology to make data center cooling and monitoring more efficient. Cloud Cruiser, a Roseville company, sells cost optimization and management software for cloud computing.
There are many companies interested in cloud computing-related business because that is the direction technology is going, said Dave Zabrowski, chief executive of Cloud Cruiser.
“The use of and demand for cloud services is going through the roof,” he said.
And efficiency technologies tend to come from small startups.
“Innovation is easier in a smaller company,” Zabrowski said. “Large technology companies are busy developing products, manufacturing them and taking them to market,” while small companies can often react more quickly to needs in the marketplace.
Rackwise joins a hub of technology companies in Folsom, including an Intel campus of 6,600 workers, Micron Technology Inc., SynapSense, AgreeYa Solutions, Microsemi Corp., Sierra Nevada Corp., Visionary Integration Professionals, and the California Independent
Major traders will be entering here this afternoon....watch and see.
44% INSTITUTIONAL OWNERSHIP...AND FORM 4'S AND FORM 5S OUT.
RACK...like this chart here..Dear SR2G Board Followers,
Today I was going to put out a call on RACK at .02 range but it seems another group has begun to take a position in there yesterday so I don’t want to be labeled a front loader. However, I’m still going make it a play for those interested because even at .035 range, I think it is a very good play on the chart after being shorted and paper dumped from around the .20 level with a 52 week high over $1.50. I really like the chart and the company is currently doing business with many Fortune 500 companies. According to their last 10k and Ameritrade, 44% of their stock is in Institutional hands. Additionally, lost of form FORM 4’s and 5’s just out recently. (*Insiders buying .15+ in January)
http://www.nasdaq.com/symbol/rack/sec-filings#.UW1BA45Xtbw
http://www.nasdaq.com/symbol/rack/insider-trades#.UW1Blo5Xtbw
http://www.rackwise.com
http://www.rackwise.com/clients
Top 20 Data Centers according to CRN:
Mentioned as one of Top 20 data center tools providers, as part of a series of articles that highlights the top 100 data center companies. ( they are in alphabetical order, btw)
So, early dd looks like a pretty good opportunity here. A year ago, way over a dollar a share, but probably almost 130 million os now compared to 10 million I think. Seems like the majority of the increased shares were sold to the Black Diamond group, {which some of our management and board are members of} at a much higher price. So, I don't think they will fire sale them , imo. Although there was a paid pump about a year ago, some guy had 1.8 million shares to sell and paid some company 1.5 million for a 6 month awareness campaign. Now, that made zero sense to me, but as I found that info on a message board, I just think hmmmm. Impressive members of the board include former Statesmen, part owner of the Arizona Diamondbacks and other prestigious businessmen. Also, RACK exhibiting at Interop in May...http://www.interop.com/lasvegas/2013/exhibitor-list/
http://www.crn.com/slide-shows/data-center/240146854/2013-data-center-100-20-data-center-tools-providers.htm?pgno=15
http://stockcharts.com/h-sc/ui?s=rack
10K should be coming out anytime now.
What happened on 04/11 ? huge volume. Doing some DD here.
Not too much insider activity recently and a really low float has peaked my interest.
Name-Position
Transaction
Shares
Price Range ($)
Shares Held
Mkt Value
1/31/13
Smith Gordon V
Affiliated Person
Planned Sale
679,600
-- – --
--
$88.3 K
1/3/13
Feighan Edward F
Director
Purchase
333,333
0.150 – 0.150
1,333,330
$50.0 K
10/23/12
Smith Gordon V
Affiliated Person
Planned Sale
500,000
-- – --
--
$85.0 K
RACK - lit up radars yesterday. Looks like .06 (MA50) is in play. It has room and this is a low floater.
Nice dd, I'm liking what I'm reading.
MB
fwiw. I am a free member and do not have chat ability here. But, I have shared what I have discovered today about rack. I was not aware of it until this morning. But became interested enough to buy some at .03 and continue dd.
Mentioned as one of 20 (top?) data center tools providers, as part of a series of articles that highlights the top 100 data center companies. http://www.crn.com/slide-shows/data-center/240146854/2013-data-center-100-20-data-center-tools-providers.htm?pgno=15 ( they are in alphabetical order, btw)
So, early dd looks like a pretty good opportunity here. A year ago, way over a dollar a share, but probably almost 130 million os now compared to 10 million I think. Seems like the majority of the increased shares were sold to the Black Diamond group, {which some of our management and board are members of} at a much higher price. So, I don't think they will fire sale them , imo. Although there was a paid pump about a year ago, some guy had 1.8 million shares to sell and paid some company 1.5 million for a 6 month awareness campaign. Now, that made zero sense to me, but as I found that info on a message board, I just think hmmmm. Impressive members of the board include former Statesmen, part owner of the Arizona Diamondbacks and other prestigious businessmen. Should be interesting to read the 10k and learn more...
Impressive management and board. http://www.rackwise.com/company/executive-team http://www.rackwise.com/company/board-directors http://www.rackwise.com/company/industry-advisory-board Looks like the funder (Black Diamond) is represented well in management and the board. 2 new customers in Feb. (one reads like Ross stores) and 2 current customers expanding their services. http://www.rackwise.com/news-archive
looking for .06 before we see a pull back
RACK insanely thin, lookin for bidders to start rolling in...
MB
Scanner hit over the weekend, looks like she wants to move bigly IMO.
RACK
MB
whatcha got here MB?
Webinar Thursday, 10k today (hopefully), looking forward to the subsequent events that could expound a bit more on Feburary's 4 prs in 2 weeks. http://www.rackwise.com/news-archive
Nice floor @ .03
Followers
|
14
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
1084
|
Created
|
03/22/07
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |