Stock Forecast Based On a Predictive Algorithm | I Know First |bargain Archives - Stock Forecast Based On a Predictive Algorithm

Quick Win by the Algorithm: Biopharmaceutical Company IMMU a bullish winner

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

Smith Micro’s stock has a YTD return of -25.5%. The 1 –for- 4 reverse stock split last year was not enough to stop the stock’s decline.
A bearish sentiment since September 2016 has resulted in the stock again trading near the $1.0 price level, which is Nasdaq’s required minimum bid price.
My five-year DCF Revenue Exit model shows has 43% upside potential. Smith Micro’s shift toward mobile and enterprise software services will eventually pay off.
Smith Micro should sell its graphics, animation and 3D consumer software products. If not, it should market them as software-as-a-service products.
SMSI has very strong market trend 1-year algorithmic forecast from I Know First.