In December I pointed out cyber security firm Vasco Cyber Security VDSI and scratched my head as it certainly seemed to these eyes seems one that is pumped up in a scramble for yield and then plummet as markets experienced mean reversion after 2000 and 2007. As we all know from experience, parabolic moves, very often correct violently. On a 10 year monthly chart, VDSI certainly seemed parabolic.
They target banks and financial services customers. After JPM, Visa and Mastercard were all hacked the last few years, is there trouble in paradise? Did this laggard deserve the run up?
Historically it generally traded very thin, under 100k shares per day but suddenly in 2014, volume ramped up and traders were piling in. Was a laggard being pumped? "Who doesn't love cyber security? Let's buy them all." but are all cyber security firms alike? Shares of rivals FTNT, PANW and PFPT have performed better while FEYE has lagged while CUDA has seen recent weakness. Why the sudden interest i
