Skip to main content

Under the Radar PennyStock: Perion Network Ltd $PERI

Look at this run starting in Nov'16.  Of course, I missed the majority of the bullishness but from my investigation $PERI is a prime buyout candidate.  The new CEO has a track record of turning around distressed companies and eventually selling the them.  RSI (not seen) is a bit high, however, $PERI is flying under the radar with low volume.    Even with this amazing run,  I think it continues till earnings in March.

Chart:



Perion Networks according to their website:
Perion is a global technology company that delivers high-quality advertising solutions to brands and publishers.
Our high-impact advertising division, Undertone, helps brands capture consumer attention via beautiful creative and proprietary ad formats served across top-tier publishers. Our engagement and monetization division, CodeFuel, enables publishers to create new revenue channels and keep visitors on-site longer through intent-based advertising and branded search. Our social advertising platform, MakeMeReach, drives marketing campaigns and demand generation at scale across Facebook, Twitter, and Instagram.
With our exclusive placements across premium publishers, innovative ad units, and data-driven technology, we provide outstanding execution and exceptional advertising solutions.  

Just my thoughts.
C2M

Comments

Popular posts from this blog

$DIS - I am a buyer of Disney

Disney reports earnings today after the bell.  The stock has pulled back from the ~$100 range within the past month. I purchased shares at $95.18 and will look for a nice spike in the coming days.

$LTBR On Watch

Update:  Looks like things broke down.  Moving on. Waiting for $LTBR to cross and close above the 50MA.  If it does I would expect a technical bounce.