Thursday, May 31, 2007

Roo Group gets an upgrade!

ROO Group Started At Buy At Cantor Fitzgerald NEW YORK, May 31 (newratings.com) - Analyst Boris Markovich of Cantor Fitzgerald initiates coverage of ROO Group Inc (ticker: RGRP) with a "buy" rating. The target price is set to $3.50.In a research note published yesterday, the analyst mentions that the company is a leading provider of IP video application services. ROO is expected to generate revenue growth of 60% in FY07 and 81% in FY08 due to an anticipated 40%-50% jump in the online video sector in the forthcoming years, the analyst says.

RGRP
2.79
+0.49 (+21.30%)


we're back in the green....go Dipfolio! (take some profits)
most recent buy post:
http://www.buyonthedip.com/2007/05/rgrp-235-022-856-old-name-same.html

(this bouncey ROO keeps making us money, www.roo.com)

2 comments:

Anonymous said...

ROO Group (NASDAQ: RGRP) was initiated with a Buy rating and a $3.75 target at Think Equity, which believes RGRP is positioned to capitalize as the Internet continues to grow as a broadcast medium for video.

Anonymous said...

shit!

2.25 -0.33 (-12.79%)

if you want in , its back to our low enrty point.

two upgrades , but the gains didnt hold.....lets buy again!