Blue Horseshoe Stocks: ICLD Update & More

InterCloud Systems, Inc. ICLD

We’ve been tracking ICLD continuously since last Monday, and after witnessing a low of 3.01 and subsequent run to 4.30 that day (+43%), the stock turned in quite an admirable performance for the week as a whole.

Following a dip back to 3.01 on Tuesday, ICLD would register higher highs and higher lows all week, which provided some excellent swing-trade opportunities. Tuesday’s intraday run carried ICLD in a range from 3.01-4.00, for chances at up to 33% in gains. On Wednesday the move was from 3.11-3.75 (21%). Thursday’s session brought a similar 22% gain as it pushed from 3.35 to 4.09.

The great weekly performance culminated in a new high being set on Friday as the stock touched a low of 3.65 before reaching 4.48. It marked another nice intraday spike (+23%) and an overall increase of 49% over our observed low earlier in the week.

The stock has traded up to the 4.30’s here in the premarket, so we’ll have ICLD on our watchlist as we kick off a new trading week, and we’ll be interested to follow the action. We’ll also remind our readers that the company has a conference call scheduled for Wednesday, the info for which you can obtain by clicking through the link to the PR below.

SHREWSBURY, N.J., May 8, 2015 (GLOBE NEWSWIRE) — InterCloud Systems, Inc. (ICLD) (“InterCloud” or the “Company”), a single-source provider of end-to-end information technology (IT) and next-generation network solutions, to the service provider (carrier) and corporate enterprise markets, through cloud solutions and professional services will hold a conference call to discuss its financial results for the First Quarter 2015. CEO Mark Munro and CFO Tim Larkin will participate in the call >> FULL PR

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