Showing posts with label breakout stocks. Show all posts
Showing posts with label breakout stocks. Show all posts
Tuesday, June 28, 2011
Breakout Stocks: Netsuite
Netsuite (N) is an accounting software firm that is now trading at lifetime highs. Though the company isn't yet profitable, it will soon be.
Friday, June 24, 2011
Monday, June 20, 2011
Monday, June 13, 2011
Saturday, June 11, 2011
Thursday, June 9, 2011
Wednesday, June 8, 2011
Sunday, January 9, 2011
MGM Roars
Las Vegas is coming back with a vengeance. MGM says they're increasing convention bookings this year by 30%. The ceo confirms things are getting much better.
Don't believe? Visit the city yourself, or call up a friend or relative who lives or works down there.
MGM breakout:
Here's the WYNN breakout:
LVS getting close to a breakout:
Casino stocks should do very well in 2011.
The Next Green Mountain Coffee: Snap Interactive?
Once in a blue moon a penny stock escapes from hell and transforms into a real company trading in a reputable exchange. Green Mountain Coffee (GMCR) was the most recent success story I can think of. The company was in the right place at the right time; it was in a sector that was in bull market mode, from 2007 to 2010.
Here's Snap Interactive (STVI) below:
The stock was trading at $.20 two weeks ago and closed at $2.77 on Friday. Snap Interactive is a social media dating application that is growing up very fast, at a clip of 50,000 (mostly free) signups per day. The company has 17 employees. Revenue the last 12- months was at about $6 million.
The appeal of the app may be this:
"People who meet on AreYouInterested.com can become Facebook friends and learn about each other before they ever agree to an actual date, he said. They typically can see another person’s Facebook posts and photos or videos of them and their friends."
Dating sites are hot, and now they're moving into a new battlefield - dating apps. In terms of download numbers, Snap Interactive is currently growing twice as fast as match.com .
My feel on this is... STVI goes higher. The stock is currently trading at $95 million market capitalization, which isn't outrageously expensive.
Smartphone/mobile computing/app stocks are in a bull market. Social media (Facebook, Twitter, etc) is hot. So STVI is the penny stock to watch, though I myself wouldn't put much money into this play.
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