PPR - SPLK pocket pivot

Published : September 25 2012 at 12:45 ET

SPLK will have a pocket pivot if it can trade at least 1,202,400 shares today.

SPLK is the 'google' of the business world. It is a search engine and analytic software program for a company’s IT data. It tracks customer behavior, user transactions, security threats, and more, and uses a company's IT data to help the decision making process. It holds agreements with a number of major companies.

SPLK is the first pure play of the so-called big-data companies to go public.

SPLK has yet to realize earnings, but its revenue growth is between 70-95%, quarter-over-quarter. SPLK plans to continue to put its earnings into aggressively growing the company, so the company may not show earnings for yet a few quarters.

It is a competitive space, has no earnings as of yet, and is an IPO, so expect volatility.

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