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Rackspace Hosting, (delisted)

Rackspace Hosting, (delisted) (RAX)

31.99
0.00
(0.00%)
Closed March 27 04:00PM
31.99
0.00
( 0.00% )
Pre Market: 08:00PM

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Key stats and details

Current Price
31.99
Bid
-
Ask
-
Volume
-
0.00 Day's Range 0.00
0.00 52 Week Range 0.00
Previous Close
31.99
Open
-
Last Trade
Last Trade Time
-
Average Volume (3m)
-
Financial Volume
-
VWAP
-

RAX Latest News

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PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000CS
40000000CS
120000000CS
260000000CS
520000000CS
1560000000CS
2600000000CS

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RAX Discussion

View Posts
tedkov tedkov 8 years ago
RACKSPACE BUYOUT ALERT - National Securities Law Firm Seeks Higher Price for Backspace Shareholders in Connection with Proposed Buyout, and Encourages Shareholders to Contact Law Firm for More Information

NEW YORK, August 26, 2016 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the potential sale of Backspace Holding, Inc. (NYSE: RAX) ("Rackspace" or the "Company") on behalf of its shareholders. Rackspace announced that it has entered into a merger agreement with the private equity firm Apollo Global for $32 per share.

Our investigation has determined that the offer price of only $32 per share, unfairly under-values the true going forward inherent value of Backspace and that shareholders may not be receiving the maximum value for their shares. The investigation further seeks to determine whether the Rackspace senior management is entering into this deal for its' own self-interests to the detriment of the Company's shareholders.

If you are a shareholder of Rackspace and would like additional information as to how the proposed acquisition may affect your rights as a shareholder, and how you may be eligible to obtain a higher price for your shares, please contact us at no cost at:

Tripp Levy PLLC
New York, New York
Toll free: 800-511-7037
International: 602-241-2841
Email: contact@tripplevy.com
www.tripplevy.com

Tripp Levy PLLC represents individual and institutional shareholders in mergers and acquisitions transactions and has assisted in the recovery of billions of dollars for shareholders in securities actions around the globe.

Attorney advertising. Prior results do not indicate a similar outcome.
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ClearlyStocks ClearlyStocks 8 years ago
Going private. $34 deal. Damn I was right once again.
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ErJ ErJ 8 years ago
Rackspace Hosting, Inc. (NYSE: RAX) shares rose 16.4 percent to $30.90 in pre-market trading. The Wall Street Journal reported that Rackspace is in advanced talks to be sold to a private-equity firm and a deal could be announced as soon as this week.
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ClearlyStocks ClearlyStocks 8 years ago
Flying p/m
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Parabelle Parabelle 8 years ago
Cloud buyout candidate, Could be a good one!
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Frayed Knot Frayed Knot 9 years ago
Well, I held through all of the BS and it turned out OK.. I am now in the green but it was a long climb back.

Such is the life in stocks.

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stocktrademan stocktrademan 9 years ago
$RAX DD Notes ~ http://www.ddnotesmaker.com/RAX

bullish
long term bullish divergence
resistance breakout

$RAX recent news/filings

## source: finance.yahoo.com

Fri, 14 Nov 2014 14:55:57 GMT ~ Quotes about the economy from this week's earnings calls


read full: http://finance.yahoo.com/tumblr/blog-quotes-about-the-economy-from-this-weeks-earnings-145602956.html
*********************************************************

Fri, 14 Nov 2014 13:30:02 GMT ~ Rackspace (RAX) Shares Trend Up Post Robust Q3 Earnings


read full: http://finance.yahoo.com/news/rackspace-rax-shares-trend-post-133002408.html
*********************************************************

Thu, 13 Nov 2014 15:00:00 GMT ~ Rackspace Uses Zenoss to Manage Its Superior Network Infrastructure

[Marketwired] - Zenoss Inc., the leading provider of unified monitoring and analytics solutions for physical, virtual, and cloud-based IT infrastructure and applications, today announced Rackspace will utilize Zenoss ...

read full: http://finance.yahoo.com/news/rackspace-uses-zenoss-manage-superior-150000173.html
*********************************************************

Thu, 13 Nov 2014 14:08:00 GMT ~ Rackspace Appoints Todd Cione as Chief Revenue Officer

[at noodls] - Former Rackspace SVP of Americas Sales to Lead Unified Sales and Marketing Functions SAN ANTONIO, TX -- (Marketwired) -- 11/13/14 -- Rackspace® (NYSE: RAX) , the #1 managed cloud company, today announced ...

read full: http://www.noodls.com/view/F1AE81E7C90CEC8F4B0E9D474FCA70CB92371000
*********************************************************

Thu, 13 Nov 2014 14:00:00 GMT ~ Rackspace Appoints Todd Cione as Chief Revenue Officer

[Marketwired] - Rackspace® , the #1 managed cloud company, today announced that Todd Cione, former SVP of Americas sales at Rackspace, was promoted to chief revenue officer. In this new role, Cione will oversee the operations ...

read full: http://finance.yahoo.com/news/rackspace-appoints-todd-cione-chief-140000593.html
*********************************************************


$RAX charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com


$RAX company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/RAX/company-info
Ticker: $RAX
OTC Market Place: Not Available
CIK code: 0001107694
Company name: Rackspace Hosting, Inc.
Incorporated In:


$RAX share structure

## source: otcmarkets.com

Market Value: $6,185,439,664 a/o Nov 14, 2014
Shares Outstanding: 143,554,418 a/o Nov 06, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: No Par Value
$RAX extra dd links

Company name: Rackspace Hosting, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/RAX/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/RAX/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=RAX+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=RAX+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=RAX+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/RAX/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/RAX/news - http://finance.yahoo.com/q/h?s=RAX+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/RAX/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/RAX/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/RAX/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/RAX/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/RAX/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/RAX/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/RAX/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/RAX/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=RAX+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/RAX
DTCC (dtcc.com): http://search2.dtcc.com/?q=Rackspace+Hosting%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Rackspace+Hosting%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Rackspace+Hosting%2C+Inc.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/RAX/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/RAX
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/RAX/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/RAX/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/RAX/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001107694&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/RAX/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/RAX/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/RAX/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/RAX/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=RAX&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=RAX
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/RAX/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=RAX+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=RAX+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=RAX
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=RAX
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=RAX+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/RAX/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=RAX+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/RAX.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=RAX
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/RAX/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/RAX/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/RAX/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/RAX/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/RAX
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/RAX
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/RAX:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=RAX
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=RAX



$RAX DD Notes ~ http://www.ddnotesmaker.com/RAX
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zivtheziv zivtheziv 9 years ago
sorry for last post it's on the wrong board :)
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zivtheziv zivtheziv 9 years ago
$PSMT - WIN

Closed $PSMT 85-80 Put Spreads for $140 income and 70% from the premium.


Should close worthless for 100% income but I'm moving on
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zivtheziv zivtheziv 9 years ago
$RAX -

Sell 10 $RAX 43-47 Dec14 Call Spreads for 15% insurance to the upside and $350 premium
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Belek Belek 10 years ago
yeah, the whole market is rigged imo, but watch all the class action litigation now,,,,,it will be a whopping one................been there done that also and did well..............good trades

,,,,,$$$$$
Jeff
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ChrisJP ChrisJP 10 years ago
I sold like 2 weeks ago at 34 .... kicking myself a little. I feel better now, lol.

But making announcements that would lead you to believe they had a buyer and then say "we were just kidding" ... sort seems like fraud to me.

Chris
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Belek Belek 10 years ago
yep, 19 days climbing wiped out in minutes, been there done that before, not this time

always stay hedged,,,,,,,,,,best,,,,,,,,,,Jeff

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ChrisJP ChrisJP 10 years ago
Rackspace shares plunge as it calls off acquisition efforts


http://www.marketwatch.com/story/rackspace-shares-plunge-as-it-calls-of-acquisition-efforts-2014-09-16?siteid=yhoof2

Chris
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ChrisJP ChrisJP 10 years ago
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ChrisJP ChrisJP 10 years ago
Yeah I saw that ! I hope it's a sign.

Chris
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Belek Belek 10 years ago
Rackspace Hosting Inc. (RAX) Is Rising On WSJ Report Of Blue Harbour Stake,,,,,,,,$32.95 after hours

8/18/2014 4:46 PM ET
The Wall Street Journal reported after the bell Monday that Blue Harbour Group has acquired a 6.5 percent stake in Rackspace Hosting Inc. (RAX: Quote). The stock is now up 0.88 on 42K shares.

Rackspace Hosting gapped up at the open Monday, but traded in a range for the bulk of the session. The stock closed up by 0.61 at $31.82 and set a 1-month high.
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Belek Belek 10 years ago
well I did what the option player did and bought the Sept 34 calls for

$3.18 yesterday, i wanted to buy more this morning but looks like I will

be paying a little more premium for them, I still feel RAX goes over $42, so the investor that instituted that position is comfortable with a $42 sell,
am also, lets see what today brings.....good luck

optionMONSTER's Heat Seeker monitoring program detected the purchase of 3,400 September 34 calls for $3.40 and the sale of an equal number of September 42 calls for $0.80. Volume surpassed open interest at both strikes, which indicates new positions were initiated.
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ChrisJP ChrisJP 10 years ago
Wheeeee gap up this morning ... but just back to where it was.

Maybe there'll be a bidding war and it'll go into the 40s.

Chris
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Belek Belek 10 years ago
Rackspace may take itself private: TechCrunch

Reuters) - Cloud service provider Rackspace Hosting Inc may take itself private and is in talks with a private equity firm to fund the deal, technology blog TechCrunch reported on Wednesday, citing a source.

The company may make an announcement by this week, TechCrunch reported. (http://bit.ly/1xfbP4U)

Rackspace, which leases server space and helps corporations store and access data in the cloud, had in May said it hired Morgan Stanley to evaluate strategic options, including partnerships and even a buyout.

The option of going private has come amid at least three acquisition bids, including those from Hewlett-Packard Co and IBM, the tech blog said, citing a source within the company.

Rackspace has faced stiff competition from newer startups as well as established players in the cloud computing business, such as Amazon.com Inc and Google Inc, which have slashed prices recently.

Rackspace, which has a market value of $4.8 billion, could not be immediately reached for a comment outside regular U.S. business hours.

(Reporting by Ankush Sharma in Bangalore; Editing by Saumyadeb Chakrabarty)
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Belek Belek 10 years ago
RAX breaking out from sideways pattern now,,,my guess $45

coming soon........

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ErJ ErJ 10 years ago
So apparently someone at Davidson wants cheaper RAX shares.
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Belek Belek 10 years ago
13g/A filing

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10041346
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Belek Belek 10 years ago
Rackspace Hosting, Inc. (NYSE:RAX) Investor Alert: Investigation over potential Takeover


Article Views901
GroundReport | Author: Trevor Allen
Filed Under: Business, Financial Markets | Posted: 06/10/2014 at 10:28AM
0 Comments | Region: California | United States
The Shareholders Foundation announces that an investigation on behalf of investors in Rackspace Hosting, Inc. (NYSE:RAX) shares was launched concerning whether a potential takeover of Rackspace Hosting would be unfair to investors in NYSE:RAX shares.

Investors who purchased shares of the Rackspace Hosting, Inc. (NYSE:RAX) and currently hold any of those NYSE:RAX shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 โ€“ 1554.

The investigation by a law firm is at an early stage and concerns whether a takeover would be unfair to NYSE:RAX investors.

On May 15, 2014, Rackspace Hosting, Inc. disclosed in a filing with the SEC that in recent months, Rackspace has been approached by multiple parties who have expressed interest in exploring a strategic relationship with Rackspace, ranging from partnership to acquisition. Rackspace Hosting said that its board decided to hire Morgan Stanley to evaluate the inbound strategic proposals and to explore other alternatives which could advance Rackspaceโ€™s long-term strategy. On May 16, 2014, an article stated that potential suitors for a takeover of Rackspace Hostings could be companies such as AT&T, IBM, EMC, HP, and VMware.

Shares of Rackspace Hosting, Inc. (NYSE:RAX) jumped from a close of $28.64 per share on May 14, 2014, to as high as $37.37 per share on May 16, 2014.

However, given that at least one analyst has set the high target price for NYSE:RAX shares at $67.00 per share. the investigation a law firm concerns whether the Rackspace Hosting Board of Directors will undertake an adequate sales process, adequately shop the company before entering into any transaction, maximize shareholder value by negotiating the best price, and act in the shareholdersโ€™ best interests in connection with the proposed sale.

Rackspace Hosting, Inc. (NYSE:RAX) reported that its annual Total Revenue rose from $780.55 million in 2010 to over $1.53 billion in 2013 and that its respective Net income increased from $46.36 million to $86.74 million. Shares of Rackspace Hosting, Inc. traded as high as $78.93 per share in early 2013.

On June 9, 2014, NYSE:RAX shares closed at $37.74 per share.

Those who are current investors in Rackspace Hosting, Inc. (NYSE:RAX) and purchased their NYSE:RAX shares prior to the announcement, have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North โ€“ Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
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Frayed Knot Frayed Knot 10 years ago
You are right! Thanks again.

RAX is a great company even without the possible buy out or whatever might be around the corner.

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Belek Belek 10 years ago
we all make that mistake, best policy is to average up as

it trends higher, averaging down sometimes works to a disadvantage,

sometimes, but nibbling at RAX at these levels works for me....good luck
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Frayed Knot Frayed Knot 10 years ago
You have been reading my mind. I was looking at RAX and thinking.. shall I add more? you have a great idea.

Use to play puts awhile back.

Thanks for thought/reminder!

wish I would stop kicking my... for not adding back when it fell, I knew better.. but then I like to hurt myself

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Belek Belek 10 years ago
RAX still climbing and well on the way up the ladder,,,,

I plan on adding some more today followed by a married put
just for safety sake,,,,,,,,who knows where the takeover price
may settle at or whatever is cooking in the oven,,,,jmo
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Belek Belek 10 years ago
Why Rackspace Hosting (RAX) Could Be Positioned for a Surge?
Zacks By Zacks Equity Research
14 hours ago
Rackspace Hosting, Inc. (RAX) is an Internet Services firm that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on RAXโ€™s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Rackspace Hosting could be a solid choice for investors.

Current Quarter Estimates for RAX

In the past 30 days, 8 estimates have gone higher for Rackspace Hosting while 1 has gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 14 cents a share 30 days ago, to 16 today, a move of 14.3%.

Current Year Estimates for RAX

Meanwhile Rackspace Hostingโ€™s current year figures are also looking quite promising, with 11 estimates moving higher in the past month, compared to 1 lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 60 cents per share 30 days ago to 71 cents per share today, an increase of 18.3%.

Bottom Line

The stock has also started to move higher lately, adding 26.0% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future.
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ChrisJP ChrisJP 10 years ago
Looks like accumulation is continuing.

Chris
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Frayed Knot Frayed Knot 10 years ago
WHEW! I bought a few months ago around 36, when it started diving I was going to sell but I like the company so I held. WHEW

However I also thought about adding around 28 and didn't.. kick kick.

So I am happy / mad with my actions. Such is the life of stocks.
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Belek Belek 10 years ago
looks like the Cloud is the place to be, RAX could fetch a nice premium
from current levels, Im adding more, jmo


Microsoft doubling cloud storage, processing capacity every 6-9 months


http://web6.bnamericas.com/news/technology/microsoft-doubling-cloud-storage-processing-capacity-every-6-9-months/426988098/?utm_source=free&utm_medium=newsletter&utm_campaign=servicios
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Belek Belek 10 years ago
Hooray! Rackspace Hosting, Inc. Might Double in a Quick Buyout!




http://www.fool.com/investing/general/2014/05/19/hooray-rackspace-hosting-inc-might-double-in-a-qui.aspx
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Belek Belek 10 years ago
Hooray! Rackspace Hosting, Inc. Might Double in a Quick Buyout!




http://www.fool.com/investing/general/2014/05/19/hooray-rackspace-hosting-inc-might-double-in-a-qui.aspx
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Belek Belek 10 years ago
Will Rackspace Hosting (RAX) Continue to Surge Higher?

By Zacks Equity Research
14 minutes ago

As of late, it has definitely been a great time to be an investor in Rackspace Hosting, Inc. (RAX). The stock has moved higher by 14.7% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider RAXโ€™s recent earnings estimate revision activity. From this look, the companyโ€™s future is quite favorable; as RAX has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isnโ€™t the top for the in-focus company.
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Belek Belek 10 years ago
the big question is buy out price if there will be, if $47 did become

realistic, you still can make $11/sh +/-,,,,,,,,right now I'm protected

at $40 just in case something falls thru, I learned my lesson years ago on

Huntsman Corp and lost big, so hedge if possible. good luck

,,,,,$$$$$
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ChrisJP ChrisJP 10 years ago
Thanks.
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Belek Belek 10 years ago
HEARD ON THE STREET
Rackspace Shouldn't Be Left on the Rack




By DAN GALLAGHER
May 18, 2014 5:54 p.m. ET
Outgunned in the cloud wars, Rackspace Hosting RAX +17.73% could use a partner with a bigger arsenal.

A 61% drop in the stock in the 18 months up to Friday has drawn predictable interest. Rackspace said late Thursday it had been "approached by multiple parties" about either a partnership or an acquisition. It has hired Morgan Stanley MS +1.24% to advise. Rackspace's stock jumped 18% on Friday.

Putting Rackspace in play will set off speculation around firms such as Cisco Systems, CSCO +0.79% Hewlett-Packard HPQ +0.34% and Dell. All three want to make inroads into the cloud business with their products and could find it beneficial to pair up with a service provider like Rackspace.

Rackspace's business is still expanding, but earnings are under pressure as large, deep-pocketed rivals including Amazon.com, AMZN +0.85% Google GOOGL -0.15% and Microsoft MSFT +0.58% have been cutting prices for their own cloud services. Rackspace's net income fell nearly 18% in 2013, the first such decline in six years, despite a 17% revenue increase.

Rackspace focuses on firms that lack the expertise to take advantage of services offered by the likes of Amazon and are willing to pay a premium. A bigger, diversified company able to absorb the inevitable price declines with profits from other businesses would make a natural partner.

Rackspace wouldn't come cheap, though, with a market value of $4.4 billion. This is doable for a company such as Cisco, which has about $50 billion of cash. But a deal would still have to be justified to shareholders who may be worried about Rackspace's future in a highly competitive market.

Rackspace's investors can reasonably hope, though, that this won't prevent a buyer from being found. As some of them no doubt know from bitter experience, getting into the cloud business isn't cheap for anyone.

Write to Dan Gallagher at dan.gallagher@wsj.com
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ChrisJP ChrisJP 10 years ago
Congrats on your buy. I obviously got faked out, but that's the way it goes sometimes.

Chris
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Belek Belek 10 years ago
Im buying a few more tomorrow regardless,

I'll hedge with a married put close to the money just in case.
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Belek Belek 10 years ago
I picked up some on thursday at $28.66 not knowing anything

but a trade on good earnings, how lucky can yu get

,,,,,$$$$$
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ErJ ErJ 10 years ago
Can't really blame you, because this has been a slow bleed for a long time. I just kept averaging down and averaging down, because this was a long term hold for me and I believed in what the company was doing. It's not like they were losing money - quite the opposite. I had hoped a day like this would come.

My first buy was at $59!
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ChrisJP ChrisJP 10 years ago
OMG I'm gonna cry, lol. I bought some at $31 a month ago -- sold it when it fell below $29 with the NASDAQ weakening. I didn't want to be holding it if it dove into the low 20s.

Rats.

Chris
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ErJ ErJ 10 years ago
Kissing $37 now!
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ChrisJP ChrisJP 10 years ago
$35 in pre-market.

Chris
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ErJ ErJ 10 years ago
RAX has hired Morgan Stanley to explore "Inbound Strategic Proposals." Shares are up over $31 aftermarket.
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ChrisJP ChrisJP 10 years ago
wow what was that buying spike all about ? EDIT: Rackspace hires Morgan Stanley to evaluate strategic option.

Chris
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ErJ ErJ 10 years ago
IBM Takeover Rumors......

Raxpace Shares Spike Higher; May be Attributed to Renewed Unconfirmed Takeover Shatter; IBM Rumored at $47.00/Share

Bezinga
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Mister Dude Mister Dude 10 years ago
New to RAX here.
Looks like it could have a nice recovery, the earnings miss and the insider sells really hammered the price. Anyone that's been following able to tell me if there's more reason to keep selling off or is it due for a bounce? TIA
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ECole ECole 10 years ago
Q3 transcript - conf call

http://www.earningsimpact.com/Transcript/84389/RAX/Q3-2013-Earnings-Call
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