Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / CARB - Carbonite: A Speculative Trade Opportunity


CARB - Carbonite: A Speculative Trade Opportunity

When I first started looking at Carbonite, Inc. (CARB), I thought it would be a great investment. The stock price has been in decline for the past year, going from $42.80 to a recent $15.48. The stock price is operating within a descending channel as shown below.

(Source: Yahoo Finance/MS Paint)

The company appeared to be an undervalued SaaS with the possibility of a quick price rebound. But once I started reading the company reports, I had second thoughts about this opportunity. It appears that Carbonite is in quite a pickle. Here is

Read more ...

Stock Information

Company Name: Carbonite Inc.
Stock Symbol: CARB
Market: NASDAQ
Website: carbonite.com

Menu

CARB CARB Quote CARB Short CARB News CARB Articles CARB Message Board
Get CARB Alerts

News, Short Squeeze, Breakout and More Instantly...