This looks like a pretty big squeeze candidate. Company has had some bad news, but is making strides to correct them. They have gotten a new CEO Alan Masarek who turned around Vonage and got them prepped to be bought for 6B+. They do major revenues each year. 90K+ customers in 190 different countries. I could see a buyout or a company turnaround. In any case, this looks to have major squeeze potential if it breaks above this resistance. Gaps are at 1.05, 2.00, 4.66, and 16? This is my own opinion and should not be followed as any financial advice. There is risk here. I have a position.
Kommentar:
Congrats to everyone that followed and made their 100% in returns thus far, I still think it goes to 2$+. However, be safe out there.