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News Breaks
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November 5, 2009
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| 13:35 EDT |  | VRSN |
| theflyonthewall.com: | Verisign: Earnings release technical preview, high gap risk, short-skew | | BULLISH CASE: On better than expected news/outlook the stock could trade to the upper limit of the bullish price channel at $24.19. On a bullish breakout above the price channel the following resistance levels would become upside objectives: $25.30, $25.75, $26.22, $26.62, $27.16, $27.65, $28.10, $28.60. BEARISH CASE: On worse than expected news/outlook the stock could trade to the lower limit of the price channel at $22.49. On a bearish breakdown below the price channel the following support levels would become downside objectives: $21.92, $21.47, $21.09, $20.73, $20.31, $20.00, $19.67, $19.21, $18.80, $18.51. NOTE: Large short-base at 4 days to cover, with 6.8% of the float short. Traders are positioned for negative news. Reactions on a surprise, especially a positive one given the large short-base, have a high probability of being extreme in duration and price. High gap risk. :theflyonthewall.com |
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February 3, 2012
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| 05:24 EDT |  | VRSN |
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February 2, 2012
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| 12:12 EDT |  | VRSN |
| theflyonthewall.com: | Filings show VeriSign repeatedly hacked in 2010, Reuters reports | | A filing with the SEC revealed previously unreported security breaches at VeriSign (VRSN) in 2010, and though the company said executives "do not believe these attacks breached the servers that support our Domain Name System network," it did not rule anything out, according to Reuters. Reference Link :theflyonthewall.com |
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