Short Term Trading Week Starting: 11 Feb, page-30

 STTCOMP CNW FA LONG

CNW: Cirrus Networks is an IT solutions integrator, which has grown from the west coast to the east cost through acquisition. They are roughly cashflow breakeven. Market Cap $21m, Revenue ~80m. The are transitioning to more sustainable revenue growth models.

After a long sustained down trend, and a former majority shareholder selling out, the substantial overhangs are gone. Thye are a prime target for a rollup or Management buyout.

Technically, on a 5 year trend, the long term down trend has ended, and then moved sideways for a year, and has now jumped above resistance on volume:



Disclosure: Buy: Long term holder.