Sunday, April 10, 2011
In the Zone
$VHC - VirnetX Holdin Corp.
VirnetX Holding Corporation engages in developing and commercializing software and technology solutions for securing real-time communications over the Internet.
Its software and technology solutions provide the security platform required by next-generation Internet-based applications, such as instant messaging, voice over Internet protocol (VoIP), mobile services, streaming video, file transfer, and remote desktop.
The company offers GABRIEL Connection Technology that encrypts data allowing organizations and individuals to establish communities of registered users and transmit information between various devices, networks, and operating systems.
It focuses on licensing its products and services to original equipment manufacturers within the IP-telephony, mobility, fixed-mobile convergence, and unified communications markets; communication service providers; and system integrators. The company was founded in 2005 and is based in Scotts Valley, California.
The company ended the week trading at $27.49 up $6.24 or +29.36% on heavier than average trading volume of 23.8 million. The average weekly trading volume for the company is 6.89 million.
Please keep (VHC) VirnetX Holding Corp. on your watch list for a price move above $29.02 - $29.07 going forward. This is not a buy recommendation please do your own due diligence or get help from a professional before trading.
By: Marlin Rolle
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