Replies to post #31137 on Short Term Traders-Listed Stocks

[Ithildriel]

EGHT went to 1.54 in after hours.

I couldn't be happier that you pointed this one out today. I got in a little high, 1.48, but I'm not too worried. *grin*

The stock has strong support around 1.22. There is an earnings call on November 1

http://biz.yahoo.com/cc/3/85913.html

and financially, they are showing increases each quarter over the past year in both total revenue and gross profit.

http://finance.yahoo.com/q/is?s=EGHT

Then we see multiple insiders purchasing stock in August,

http://biz.yahoo.com/bizj/070926/1526071.html?.v=1

just before the release in September of

"Santa Clara-based 8x8 (NASDAQ:EGHT - News) said its platform "will be the only brand presented and promoted to the roughly 12,000 subscribers who will be left without VoIP phone service after the company winds down its VoIP operations over the next three months."

http://biz.yahoo.com/prnews/070926/aqw075.html?.v=26

All the stars on this one seem to be aligned.

If you are still reading this post, thanks. I'm new to this, so if you see any negatives that I missed on this company, I would appreciate some feed back. I'm still on my learning curve.