Sector: Wireless Telecom / Diversified Commun Svcs
Fundamentals: SVR's price/sales (P/S) ratio is 83.22% lower than the industry average and also price/earnings (P/E) ratio is 79.54% lower than the industry average, which indicates that investors are buying SVR's revenue and earnings at a significant discount.
Syniverse Holdings, Inc. provides technology services to wireless carriers worldwide. The company's services include: technology interoperability services, network services, number portability services, call processing services, and enterprise solutions. Its technology interoperability services enable the invoicing and settlement of domestic and international wireless roaming telephone calls, wireless data events, and Wi-Fi sessions. It also provides short messaging service routing and translation services between carriers.
Technicals: MA(50) above MA(200) and are trending upwarding.
Target 1 : $19.11 (Based on previous high of $19.18 in Feb 21, 2008)
Stop loss: $16.89 (Reason MA(50) value is $16.92 and placing stop loss below that)
Next Earnings: 05/05/2008
Last Analyst Rating: Overweight
Stop loss: $16.89 (Reason MA(50) value is $16.92 and placing stop loss below that)
Next Earnings: 05/05/2008
Last Analyst Rating: Overweight
--Update--
Before I posted this, I sold them off before closing at $18.09 even though my target is not reached. Reason is panic selling after seeing the news that ""Wall Street Pulls Back Following Worse-Than-Expected Profit Data, Minutes From Federal Reserve" [http://biz.yahoo.com/ap/080408/wall_street.html] .. toughest thing in trading is handling emotions, which I gave into today !!! Oops!
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