This post was just published on ZYX Buy Change Alert. RAX is a cloud hosting company. It has received a $32 cash buyout offer from APO. The offer is likely to close in the fourth quarter of this year. There is about 30% probability of a strategic competing bidder to emerge.
This post was just published on ZYX Short Change Alert. Nice profits have previously been taken on this position, only 10% of the full core position size has been left. This morning the stock is jumping on a large buyback. Its earnings projections were weaker than expectations. A big part of
This post was just published on ZYX Short Change Alert. RAX is short from $36.48. As of this writing the stock is at $31.31. 40% of the full core position size is being held. Consider taking profits on a 10% tranche right here around $31.31. Also consider a protective stop for
This post was just published on ZYX Short Change Alert. RAX had been up for sale but has failed to attract a buyer. The stock is falling rapidly. Consider shorting up to 40% of the full core position size in the zone of $34.85 to $38.73. The stock is at $36.48
In the world of information technology, two megatrends are in their infancy — migration to cloud computing and virtualization. Cloud computing entails providing software as a service. Virtualization means the creation of virtual machines that mimic real computers. Cloud computing and virtualization stocks are very expensive, face stiff competition and