Hi everyone, last night I received a Thursday exit signal from stockspotter for Constant Contact (CTCT). The long recommendation stood for 8 days before the exit signal and did not take a profit. The trade, like all of their signals, has now been added to a viewable “History” section. This transparency really helps to legitimize the system. But back to Constant Contact! This company is a high-flying email marketing service that has become a favorite target among short sellers even as Wall Street analysts continue to boost their target price for the stock. The stock is now trading at a 26 week low and, as such, is struggling to find a supportive base.
Additional Company Info: Constant Contact, Inc. provides on-demand email marketing and online survey solutions, as well as event marketing solutions for small organizations, including small businesses, associations, and non-profits located primarily in the United States. The company offers an email marketing solution for the customers to create, send and track professional and permission-based email marketing campaigns.