NIA is absolutely astonished by the strength that its brand new stock suggestion Concurrent (CCUR) is showing. NIA believes investors who are still researching CCUR from the sidelines will miss out on the opportunity to begin accumulating CCUR in the single digits if they don't act by early next week. Countless new investors will learn about CCUR this weekend and the stock could have its biggest up day ever on either Monday or Tuesday.
After Thursday's shocking price action, NIA is adding a technical analysis review to its in-depth CCUR PDF report that it was planning to release late tonight. NIA will now be releasing its report at 3PM EST on Friday. Be sure to read this report immediately on Friday afternoon and share it with your friends, family members, and business associates over the weekend. Everybody you inform about CCUR this weekend will be thanking you big time very soon, in NIA's opinion.
CCUR's trading on Thursday was perhaps the most bullish single day of trading that NIA has ever seen for any one of its stock suggestions in history. There is a good reason why NIA waited 9 months before releasing its new stock suggestion. NIA wanted to work as hard as possible and be as patient as possible, spending enough time to carefully research and analyze the fundamentals and technicals of as many stocks as possible in every booming industry that is positioned for major growth in 2013.
There are a total of 7,590 listed stocks in the U.S. and NIA can honestly say that to the best of its knowledge, CCUR is the #1 biggest opportunity in the market today with the greatest short/medium-term upside potential and most favorable risk/reward ratio. NIA rather have two stock suggestions per year that it is 99.9% sure will become huge winners, than announce ten stock suggestions per year and only be 75% sure about each stock gaining big. If you doubted NIA about CCUR for whatever reason, after seeing CCUR's absolutely incredible day of trading on Thursday, you will most likely stop doubting us now and will put "finish researching CCUR" first on your agenda for this weekend.
After suggesting CCUR last Friday afternoon at $6.40 per share, CCUR gained $1.09 late in the day to finish at $7.49 per share on volume of 1,078,123. On Monday, CCUR gained $0.26 to $7.75 per share on volume of 1,298,655. On Tuesday, CCUR gained $0.41 to $8.16 per share on volume of 633,189. On Wednesday, CCUR gained $0.29 in the morning to a new 52-week high of $8.45 per share, but then dipped $0.55 from its intraday high to finish the day down $0.26 to $7.90 per share on volume of 801,010.
CCUR made an initial rally from NIA's February 1st suggestion price of $6.40 per share to a new 52-week high on February 6th of $8.45 per share for a gain of $2.05 or 32% in just four trading days. After dipping $0.55 or 6.5% from its Wednesday intraday high of $8.45 to close at $7.90 per share, CCUR's rapid shakeout continued at the open on Thursday. CCUR gapped down 2 cents to open at $7.88 and went straight down over the first 48 minutes of the trading day, finally bottoming when it was down $0.88 or 11.1% to $7.02 per share.
At CCUR's 10:18AM EST bottom of $7.02 per share, CCUR was down a total of $1.43 or 16.9% from its 52-week high of $8.45 per share that it reached roughly 24 hours earlier. CCUR gave back 70% of the $2.05 per share that it gained in the first four trading days following NIA's suggestion. After spending just seconds at $7.02 per share, CCUR bounced $0.33 to $7.35 per share at 11AM EST and then bounced another $0.15 to $7.50 per share at 12PM EST.
At 2PM EST, CCUR started to breakout big and rally strong. CCUR rose $0.30 over the next hour and at 3PM EST reached $7.80 per share, down only $0.10 for the day and up $0.78 from its intraday low. Amazingly, CCUR didn't stop there. Over the final 60 minutes of Thursday's trading day, CCUR rose an additional $0.20 and finished the day up $0.10 to $8 per share!
This was the biggest reversal and single day recovery that NIA has ever seen one of its stock suggestions make in history. CCUR went from being down $0.88 or 11.1% to $7.02 per share in the first hour of trading, to finishing the day up $0.10 or 1.3% to $8 per share. CCUR bounced by $0.98 or 14% from its intraday low!
Broadvision (BVSN) made a couple of large intraday bounces during its HUGE rally from $8.31 to $56.46, but none as large as this! CCUR's shocking Thursday turnaround speaks volumes as to where CCUR will be trading 30 days from now. Clearly, there are some large investors on the sidelines who are looking to load up with CCUR on any dips.
CCUR's trading on Thursday was without a doubt the single most bullish technical analysis sign imaginable. NIA is extremely confident that CCUR will explode past its 52-week high of $8.45 and reach double digits very quickly in the upcoming trading days. CCUR's current enterprise value at $8 is only $49 million when this is the #1 VOD company in the world! CCUR currently has 4 of America's 6 largest cable TV companies (Time Warner Cable, Cox, Charter, and Bright House) as VOD clients. CCUR's patented Emmy Award winning technology is set to capitalize on and capture a huge market share of what will be the 3 biggest pay-TV technology booms of 2013: 1) Ad Supported VOD, 2) Network DVR (nDVR) aka Cloud DVR Technology, 3) TV Everywhere.
With revenues of $62.59 million, CCUR's enterprise value/revenue ratio at $8 is currently an insanely low 0.78! NIA believes CCUR's enterprise value/revenue ratio immediately belongs well above 1 and will be there very soon! CCUR's #1 competitor SeaChange (SEAC) is trading with an enterprise value/revenue ratio of 1.75 (based on their projected revenues for last year), which would value CCUR at $14.58 per share. NIA believes SEAC is also undervalued - both SEAC and CCUR will deserve enterprise value/revenue ratios of between 2 and 3 in the upcoming months, in NIA's opinion!
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 360,336 shares of CCUR. NIA has agreed to hold its CCUR shares for at least the full month of February. NIA intends to sell its CCUR shares in the future and can do so anytime after March 1st. 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.
News 
Market Data 
Discover 
AI
