So actually conference not for another couple hrs....
0.17 
0.00(0.86%)
11:52AM
EDT
0.00(0.86%)
11:52AM
EDT| Day's Range: | 0.15 - 0.18 |
|---|---|
| 52wk Range: | 0.10 - 0.72 |
| Volume: | 216,212 |
| Avg Vol (3m): | 318,367 |
| Market Cap: | 11.97M |
Fox Business News Analyst Tobin Smith spreading some awareness on this
conference worth noting ...Fairly large following worth noting (6500)
Mimvi Live Conference Call
Today at 1:30 PM PST, by Tobin Smith | NBT Equities Research - Emerging G
http://fb.me/23pZZBf96
Chairman Kasian Franks , CEO Michael Poutre and CFO Kevin
Conner of Mimvi will discuss recent developments, like LaunchPad’s recent deal
and the new joint proje... Read more: http://paper.li/tobinsmith/1313420983
Technically:
Recalling
run to .23 earlier in April following CEO comments regarding set to monetize on
new revenue pipeline:
....announced in its first full
month of operation that its 'LaunchPad' division has a robust sales pipeline,
including an executed six-figure contract....."This is a turning point
for Mimvi," said Michael Poutre, CEO, Mimvi Inc. "It validates both the
LaunchPad model, and another way for us to generate revenue. This division
creates a natural sales channel for our core business around app
discovery."
Technically
the stock is holding .15 in 2013.....double bounce setup focus......Notice the
volume has been steadily increasing in last two months also...
Recall
runs above .50 three times latter 2012 on deals with MSFT / MSFT increasing
their alliance..
Bottom
Line: A hunch the upcoming conference is going to be upbeat. Combine with at
bottom end of channel along with recent news.....Increasingly a takeover target
too on the back burner........Accumulate at/under .17...
Disclosure:
Long MIMV and considering adding to position at current levels.
Sent: 12:06pm est 4/17/2013
No comments:
Post a Comment