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Dipping toe on a small cap: SVVS

By David Randolph · May 26, 2005 · 1 min read · 370 views
SAVVIS Communications (NASDAQ: SVVS) is a global IT utility services provider that leads the industry in delivering secure, reliable, and scalable hosting, network, and application services. SAVVIS’ strategic approach combines the use of virtualization technology, a utility services model, and automated software management and provisioning systems. SAVVIS solutions enable customers to focus on their core business while SAVVIS ensures the quality of their IT infrastructure. With an IT services platform that extends to 47 countries, SAVVIS is one of the world’s largest providers of IP computing services.

The chart tells us someone else started buying yesterday:

The stock went up 19% with 1.9 million shares traded, which is 5 times average volume.

Yesterday the company made an announcement that you can read on it's website

I'm trying to join technical analysis with the story behind the numbers to get more accuracy on our team's picks. For that we've created a new message board, which is called «The Story Behind the Numbers», where we would like to invite you to post stock stories you know.

Everyday our team scans and filters 11000 stocks to come up with the 3 best stocks to buy on a short term basis. We run a diversified public portfolio which is up 95% this month (it started this month). If you want to join our community and receive our free newsletter, please register.

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