Lord Baltimore
Long/short equity, long-term horizon, media, consumer

Rain May Be In The Forecast For InterCloud Systems

We would love to short InterCloud Systems (NASDAQ:ICLD), but it appears hard to borrow (at least through the brokers I use) so this note's practical purpose is to highlight some questions and issues fellow Seeking Alpha readers who are long the stock may want to explore further. If we were long, we would drop everything and sell now but read on and decide for yourself.

InterCloud recently issued $5 million in a public stock offering at $4.00 per share and subsequently reported 3Q 2013 revenues and earnings that appear to have generated some excitement among investors. The stock soared 271% the next day from $2.55 on November 14, 2013 (the day earnings were announced after the market close)...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details