Thursday, July 29, 2010

Potential Breakout on TerreMark Worldwide

After consolidation in the $7 - $8.5 range since the beginning of the year, TerreMark Worldwide (TMRK) has finally broken above $8.8 a level they've struggle at a few times this year. Its now testing the 52 week high of $8.98 seen in late January. TMRK is a core holding of our Growth and Opportunistic Growth portfolios.

TMRK is our prime cloud computing investments and the move of the government to the internet. They provide managed information technology (IT) solutions with data centers in the United States, Europe, and Latin America. It delivers a suite of managed solutions, including colocation, managed hosting, managed network, disaster recovery, security, and cloud computing services.


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