Rimini Street, Inc. (RMNI)

Rimini Street has de-risked its biggest threat - the Oracle litigation is globally settled and the mandated PeopleSoft wind-down is a small, manageable revenue stream - while cash generation stays strong (a ~12% trailing free-cash-flow yield and a net cash balance sheet). However, trailing GAAP profitability is thin and partly one-time (the FY2025 profit included a $36.2M settlement recovery), book equity is negative, and U.S. revenue is still shrinking. Overall: mixed fundamentals with a clearly improving risk profile and a resuming revenue trajectory.

A fresh announced Datacom ANZ strategic partnership (product catalyst, 2026-09-14, still being priced) plus an Ilhwa SAP support win anchor a uniformly bullish in-window tape; sentiment improved determinately from a +0.15 baseline to +0.375 in the scoring window (moderate confidence, degraded thin baseline), and the Red-Flag Screen is clean — an actionable-now setup, tempered only by an empty forward calendar and silent retail.

Chart is a two-week slide from $5.61 (Aug 31) to $4.53-4.54 (Sep 11-14) that is attempting an oversold bounce: Sep 14 closed +2.7% at $4.69 above the SMA200 (~$4.00) and the 9/14 daily VWAP ($4.64), with RSI turning up from 35.9 to 42.0 and Williams %R off -100. But price remains below the SMA20 ($5.06), SMA50 ($4.87), EMA9/21 ($4.81/$4.94) and the faster WMAs; MACD is negative (-0.06 line / -0.10 histogram, still falling); and ADX 43.6 marks a strong trend that is pointed down given price sits under the moving-average stack. That is a bounce-only, weak-bearish profile (score 2). Independently of the chart, liquidity is untradeable: the 20-day average dollar volume ($2.53M) is below the $5.0M floor and the recent 3-session average (~$0.98M) is below the $1.5M recent-liquidity floor, so no entry can be sized with fair fills.