InterCloud System (ICLD) Rises on Fluff News

June 13, 2014 • Top News • Tags:

InterCloud Systems (ICLD), a cloud based business offering services to enterprises and service providers, is up over 15% on fluff news. Earlier this morning, the company announced that it became a VMware partner and has opened a new sales office in New England.

The VMware Partner Network is a network that attempts to ensure the mutual success of its members. It’s nice to be a part of but not distinctive.  Requirements to gain “exclusive” access aren’t the most stringent as the objective of the network is to help members grow. It’s a good move for InterCloud but not worthy of a stock price over reaction.

ICLD will soon fall from cloud 9


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