Good Morning, Trader!
Last night I told you I had a very hot idea for today, and it’s time to deliver...
You know that the computing “cloud” has both investors and geeks chattering, and Cloud Security Corp. (CLDS) gives us traders a unique opportunity to play along!
What I want to know today boils down to one simple question that anyone who follows the CLDS chart must be asking...
Is today the day CLDS finally turns its trend around and actually runs back to the relative “clouds” -- or even reaches back to the averages?
After the last few weeks, CLDS seems to be itching for a little “reversion to mean ” action. The 50-day average price, for example, is way up at $0.46!
So when I saw the top and bottom trends on CLDS forming a nice triangle , I started to wonder when we might see the next breakout move.
Because the “cloud” has a lot of fans at places like the WSJ and The Street, not to mention those Motley Fools. (VIDEO )
There’s even a cloud ETF now that’s raised $117 million! No wonder, it’s beaten the market YTD by a fat margin!
But while poor little CLDS gets million-dollar love from institutional investors, it’s market cap is still only $28 million here below $0.30 a share.
Why is that? The product is revolutionary: software that protects your remote data wherever the computer “cloud” takes it. (Read more)
When the big dogs like IBM and VMWare are fretting about cloud safety, there’s definitely a market need for what CLDS is trying to offer. (Read more)
CLDS just tested its code so this is brand-new. Last I heard, they expect to get it on the market any day now. (Read more)
The more I hear nerds nattering about the joy of cloud computing, the more I suspect a little more “security” is an idea whose time has come.
CLDS has that idea and a proprietary solution to the problem.
And if you’re more into cloud content than cloud security, CLDS has been expanding rapidly into that area too. (Read more )
Now if only the CLDS chart would cooperate -- and you never know, today might provide the silver lining this cloud stock has been praying for!
See you soon!
- InvestorSoup
P.S: Jason Bond is CRUSHING this market week after week!! Take 1 minute to see for yourself what everyone on the Street is buzzing about. (View JasonBondPicks.com)
