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Tuesday, November 15, 2011

Stock Alert - 21Vianet Group (VNET) jump 13%

Shares of 21Vianet Group (VNET) jump 13% premarket, following up a 7.8% upward swing yesterday. The buying frenzy was fired up after the internet services company landed on Tiger Global's 13F filing, as well as reporting it turned to a profit in Q3 on revenue that was 115% higher Y/Y

Technical side stock has support $8.31 and resistance level is $10.5-$11.15.But I think stock could be big pop in coming days.

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