Rackwise Inc. (fka RACK)

[StockRocket]

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