chartsmaster

Bottom Line

Long
NASDAQ:NTNX   Nutanix, Inc.
After a series of daily posts recommending buying NTNX, I have kept silent since the earnings release almost two weeks ago. I have studied the trading these last seven days with extreme interst as it confirms what I have felt all along. I strongly believe that the company is probably working with a private equity firm and is planning to take the company private. They have been keeping the stock down and plan to make a lowball offer, much the way Rackspace did last year. If I am correct, we wont see the maximum 45-50 I hoped for if a strategic corporate buyer(s) surfaced. We may just have to settle for 30-35. BUY aggressively, the breakout is near. Chartsmaster
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