SocialPicks Sentiment:
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This Quarter's Sentiment:
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SocialPicks Community
Open Text Corp.
OTEX
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+19.36%
in
502 days
Open Text Corporation develops, markets, sells, and supports Enterprise Content Management (ECM) solutions. The company’s ECM solutions help customers manage critical business content, as well as assist companies with the management of their content revisions, approvals to archiving, and compliance with regulatory requirements. Its principal product, Livelink, enables corporations to manage traditional forms of content, such as images, office documents, graphics, and drawings, as well as to manage electronic content, including Web pages, email, and video. The company’s solutions allow users< /><><><><><><>< /><><><><><><><><><><>< /><><><><><><><><><><><><><><><><><><><><><><><><>< />< /><><><><><><><><><><><>< />< /><><><><><><><><><><><>< />...
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SELL OTEX short term trade
OTEX
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-0.79%
in
4 days
(closed on 05/05/08)
I am recommending shorting OTEX for today and see how it goes. This trade is for you swing traders only. OTEX had a good earnings report however it is looking a little toppy today. It seems overbought and is a great candidate for a quick trade today. You might also consider buying some put options today to increase your profit margin, rather than shorting the stock. I prefer the options myself on the short term trades. Good luck and remeber to place a stop loss when making this trade.
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Bullish on OTEX ...
OTEX
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+3.20%
in
3 hours
(closed on 01/24/08)
Bullish "Mojo Crossover"! Get on the list for our "Hot Conference" chat room and trade with Mojo and 100 fellow traders coming soon (1st 100)! Just send an email (Subject: Hot Conference) http://modj97-predictwallstreet.blogspot.com The blog has updated charts for today's trading too.
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From the Blogosphere
Mercer International Pops 50%, but Repros Therapeutics down 14%
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Mercer International (MERC) 52% HIGHER; since announcing it's Q2 results on July 29, share of Mercer have skyrocketed more than 340%.
ARIAD Pharmaceuticals Inc. (ARIA) 5% HIGHER; rose after the close on Friday. This morning's report was that ARIAD and its co-plaintiffs announced that the Court of Appeals granted their petition for rehearing 'En Banc' in the Lilly NF-kB patent lawsuit. Shares were up about 2% at $2.17 as many traders sold the news.
Electro-Optical Sciences, Inc. (MELA) 19% HIGHER; was a big winner after being featured in this weekend's "unusual suspects" after Barron's highli...
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By
s J
(-16.23% risk: aggressive)
08/25/09
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Comment
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Open Text To Buy Vignette For $12.70 A Share
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Open Text (OTEX) this morning announced that it has agreed to acquire Web-software provider Vignette (VIGN) for $12.70 a share, consisting of $8 in cash and 0.1447 of an Open Text common share. The total value of the transaction is about $310 million. Austin, Texas-based Vignette has about 700 employees. The deal is expected to close in the second half.
OTEX today is down $1.22, or 3.8%, to $31.28. VIGN is up $3.19, or 35.4%, to $12.21.
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Notable Mergers and Acquisitions of the Day 5/6: OTEX/VIGN, BVF/GSK, BORL
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<> Open Text Corporation (NASDAQ: OTEX) announced an agreement to acquire Vignette Corporation (NASDAQ: VIGN) for $8.00 in cash plus 0.1447 of an Open Text common share for every Vignette common share which equates to approximately US $12.70 at close of market on May 5, 2009.
This represents a premium of approximately 74% above the 30 trading day average closing price of Vignette's shares and approximately 41% above the most recent closing price. This values the transaction at approximately US $310 million.
<>Biovail (NYSE: BVF) announced today that it has entered into an agreement to acquire...
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Open Text Corp - Software Firm with Growth
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Investors in Open Text Corporation (OTEX) have been on a wild ride the past few months. After topping out at $39 in late September, the vicious market sell off took the shares to a low of $22. That’s a 43% drop which took place in the course of just 5 weeks! The stock has since recovered and is hovering just above the $30 level as I write. <> Open Text is one of the few remaining successful growth stories that is trading at a reasonable multiple. The company has seen its growth rate decline from the 30-40% level to what will likely be 16% in the fiscal year ending June 30, <><><><>< /><><><><><>< /><>< /><>< /><>< /><><><><>< /><>< /><>...
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Open Text Corp - Software Firm with Growth
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Investors in Open Text Corporation (OTEX) have been on a wild ride the past few months. After topping out at $39 in late September, the vicious market sell off took the shares to a low of $22. That’s a 43% drop which took place in the course of just 5 weeks! The stock has since recovered and is hovering just above the $30 level as I write. <>Open Text is one of the few remaining successful growth stories that is trading at a reasonable multiple. The company has seen its growth rate decline from the 30-40% level to what will likely be 16% in the fiscal year ending June 30, <><><><>< /><><><><><>< /><>< /><>< /><>< /><><><><>< /><>< /><><><>< /><>< />< />...
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About Open Text Corp.
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