By Steve Moore | Thursday 28 April 2016
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in unique cash-burning machine (sorry, “unique… provider of enterprise-ready, non-stop software solutions that enable globally distributed organizations to meet today's data challenges of secure storage, scalability and continuous availability”), WANdisco plc (WAND) currently trade 25% higher today, at 225p, on the back of an announcement that it “has entered into a non-exclusive OEM sales agreement with IBM under which IBM intends to sell WANdisco's Fusion data replication product”. Hmmm…
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