Found from other site on $AVYA Reasons AVYA moving higher: 1...
Found from other site on $AVYA
Reasons AVYA moving higher:
1) Activist investor publicly announces optimistic involvement & 15% share ownership
2) New CEO to purchase $4M worth of shares on the open market as part of sign-on bonus
3) Share Short are 30%+ of true float & MM's are at risk of being trapped
4) Multiple options to cut debt & interest payments significantly
5) Stock was trading with expectation of bankruptcy even though they have $661M in cash & $180M in available credit to support the business for 3 years and/or make financial moves to shore up balance sheet.
6) Investors realizing that AVYA still have over $2.5B+ in annual sales & the transition to SaaS recurring revenue of $1B annually is on target by the end of this quarter.
7) Gap to be filled at $2+, then $4+, and then $7+ within the last 6 months.
Reasons AVYA moving higher:
1) Activist investor publicly announces optimistic involvement & 15% share ownership
2) New CEO to purchase $4M worth of shares on the open market as part of sign-on bonus
3) Share Short are 30%+ of true float & MM's are at risk of being trapped
4) Multiple options to cut debt & interest payments significantly
5) Stock was trading with expectation of bankruptcy even though they have $661M in cash & $180M in available credit to support the business for 3 years and/or make financial moves to shore up balance sheet.
6) Investors realizing that AVYA still have over $2.5B+ in annual sales & the transition to SaaS recurring revenue of $1B annually is on target by the end of this quarter.
7) Gap to be filled at $2+, then $4+, and then $7+ within the last 6 months.
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hello-chives : Gap to be filled within next 6 months? Or last 6 months? May i know if will go up still?
profitsmatterOP hello-chives: Next 6 months
