PPR - TNGO pocket pivot

Published : February 16 2012 at 12:56 ET

TNGO reported earnings on February 15 after the close. The stock today, after opening down, has retraced its losses and is hitting new highs. It just reached enough volume to qualify for a pocket pivot.


TNGO develops on-demand lifecycle management software for enterprise communications assets and services, including planning and sourcing, procurement and provisioning, inventory and usage management, invoice processing, accounting, and so forth.


Earnings have been explosive, institutional sponsorship has increased, and sales are robust.

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