This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Authentidate Trading Volume Spikes

* In addition, there are more reasons to suspect that something may be right around the corner, which were outlined in a previous commentary titled Authentidate: Big Bet On A Small Company.

There is no doubt speculation going on, but we should remember that management bought 990,000 shares themselves last year.

We also have a healthcare bill being passed that has provisions penalizing those who don't implement the electronic medical records and other digital solutions offered by companies such as Allscripts (MDRX - Get Report) and Cerner (CERN - Get Report).

The government wants to ensure that once patients leave the hospital, they are well taken care of and don't need to be readmitted, because that is a very large cost involved in healthcare.

With over $19 billion being allocated for health information technology, Authentidate is one of the many companies set to benefit.

Disclosure: Gupta was long ADAT at the time of publication.

Ankit Gupta is a private investor who blogs about his stock picks at SelectedFinancials.com. Gupta focuses on undervalued companies, with a strong margin of safety, but also a strong case for why they will make a better investment than others. Ankit used to run his own business, later selling the client base, and is now on the board of Purdue?s Publishing Foundation while finishing his degree at Purdue University.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
ADAT $0.21 0.00%
CERN $72.11 0.00%
GE $27.31 0.00%
INTC $33.42 0.00%
MDRX $13.30 0.00%

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs