Expectedly after such a positive performance yesterday's trading was much more hesitant. Still CBIS never fell into the red and managed to end the day nearly 4% up at $0.197. As we said traded volume continued to grow and more than 75 million shares were exchanged on the market resulting ina dollar value of $15.2 million.
Only Medical Marijuana, Inc. (OTCMKTS:MJNA) from the marijuana pennystocks had a bigger dollar value but that didn't save them from sliding 3% down at the end of the day. The other industry leader - Growlife, Inc. (OTCBB:PHOT) also put an end to its positive trend by dropping 6% to $0.25 per share. Keep in mind that CBIS has been moving up on general hype alone and traders might be tempted to start taking profits at the current inflated prices. If you don't already have a position in the company it may not be for the best to chase after the stock. CBIS will find it hard to support such share prices if left on its own when their fundamentals are in a such grim state. At the end of September they reported having:
- $462 cash
- $288 thousand total current assets
- $3.5 million total current liabilities
- $70 thousand revenue
- $1.1 million net loss
The marijuana hype is going strong for now but at some point it will start to lose steam. In order to avoid being among the bag holders be sure to do your own due diligence and decide on appropriate time horizons for any trades involving penystocks.
| ||||||||||||||||
| Name | Symbol | Last Price | Chg | % Chg | Open | High | Low | Volume | Trade Val | # Trades | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ALTERNATIVE ENERGY PRTNRS | AEGY | 0.0052 |  | 0.0005 | 10.64% | 0.0048 | 0.0057 | 0.0036 | 518.34m | 0.00 | 0 |
| PRIMCO MANAGEMENT INC | PMCM | 0.0002 |  | 0.00 | 0.00% | 0.0002 | 0.0002 | 0.0001 | 203.09m | 0.00 | 0 |
| REAL ESTATE CONTACTS INC | REAC | 0.0003 | | 0.0001 | 50.00% | 0.0003 | 0.0003 | 0.0002 | 74.22m | 0.00 | 0 |
| GROWLIFE INC | PHOT | 0.2711 | | 0.0141 | 5.49% | 0.2855 | 0.305 | 0.2645 | 40.91m | 1.03k | 1 |
| SANTO MINING CORP | SANP | 0.0043 | | 0.0021 | 95.45% | 0.0019 | 0.0043 | 0.0018 | 29.39m | 0.00 | 0 |
| VITAMIN BLUE INC | VTMB | 0.004 | | 0.0004 | 11.11% | 0.004 | 0.004 | 0.0028 | 28.08m | 0.00 | 0 |
| TITAN IRON ORE CORP | TFER | 0.0011 | | 0.0002 | 22.22% | 0.0009 | 0.0011 | 0.0009 | 23.39m | 0.00 | 0 |
| INNOVATIVE PRODUCT OPPTYS | IPRU | 0.0002 | | 0.00 | 0.00% | 0.0002 | 0.0002 | 0.0002 | 17.97m | 0.00 | 0 |
| NEAH POWER SYS INC | NPWZ | 0.018 | | 0.0046 | 34.33% | 0.0144 | 0.024 | 0.014 | 13.06m |
IZEA, Inc. (IZEA)
-Other OTC0.38 0.02(4.54%) Jan 29, 3:52PM EST|Pre-Market
| Day's Range: | 0.36 - 0.41 |
|---|---|
| 52wk Range: | 0.16 - 0.52 |
| Volume: | 298,278 |
| Avg Vol (3m): | 40,695 |
| Market Cap: | 8.51M |
Forget Facebook And Twitter… Buy This Tiny Pioneer Instead
My favorite way to profit from social media is to own the "middleman" of social media, a company called IZEA Inc. (OTC: IZEA).
IZEA creates marketplaces where an advertiser can find a celebrity or other influencer to promote their product. The celebrity or influencer will tweet, blog or use other forms of social media to promote the company's product to the influencer's followers.
The advertiser obviously pays the influencer a fee, and IZEA takes a cut of that fee.
IZEA's network covers 170 countries, over 750,000 influencers and has established a critical mass that can't easily be replicated.
Also, IZEA has the advantage of being the first mover in creating a marketplace for advertisers to link up with influencers. There is great benefit to being an early entrant to a new and powerful trend. As a first mover, once your hooks are in, you become very hard to shake.
To me, the fascinating part of this growing business is how a company like IZEA can slip in and grab a big market share while social media platform providers such as Facebook (Nasdaq: FB) or Twitter (NYSE: TWTR) sit back and don't participate.
IZEA Growth — The Sky Is The Limit
Revenue growth and margin expansion for IZEA over the past four years have been consistent and quite rapid.
In fact, the rate of growth is accelerating.
The company recently announced that its revenue bookings are set to exceed its previously stated guidance by 40% in the fourth quarter of 2013.
That isn't growth of 40%… that is growth beating estimates by 40%.
The actual increase in bookings from the prior year was 140% and that increase was attributable to both having new partners sign up and existing partners do more business.
This is the rate of growth that only a small company can produce.
And despite IZEA's small size, the company has managed to create a "moat" around its business. That means to me that it would be much easier for a Twitter or a Facebook to acquire IZEA than it would be for them to try and build something similar from scratch.
Buying an existing business rather than building it internally is commonplace in the social media sector.
That makes for two ways that IZEA can reward shareholders.
The first way is through continued breakneck growth that will drive the share price higher over time. The second way is if a big fish swoops in and scoops up IZEA at a premium.
Action to Take–> If you are going to play social media stocks, don't just go for the big-name companies in the space. Consider a smaller player like IZEA that has already built up an impressive "moat" around its business model, is growing quickly, and could be a buyout target for companies like Facebook and Twitter.
P.S. If the potential of IZEA has you excited, wait until you see what StreetAuthority's Andy Obermueller has been working on. Andy has identified five "game-changing" trends with the potential to revolutionize the way we live our lives — and make early investors a killing. Among other things, these technological developments could allow blind people to drive… eradicate the gasoline engine… and revolutionize the way we think of healthcare. To learn more about these developing technologies — and the companies behind them — follow this link.
–Jody Chudley
- Patent Office to Review Validity of Blue Calypso's PatentsMarketwired(Mon, Jan 27)
- IZEA Bookings Expected to Exceed Guidance by 40% in Fourth QuarterPR Newswire(Tue, Jan 21)
- Judge Grants Stay in IZEA Patent Infringement CaseMarketwired(Fri, Jan 17)
- IZEA Launches IZEA.TV Partnership With Bristlecone BroadcastingMarketwired(Wed, Jan 15)
- Merriman Capital Initiates on IZEA, Inc. with a Buy RatingThomson Reuters ONE(Thu, Jan 9)
- IZEA Launches IZEA.TV Partnership With Northwest BroadcastingMarketwired(Mon, Jan 6)
- IZEA State of Sponsored Social Report Reveals Tweets Gaining Popularity as Social Sponsorship Cuts Into Display Advertising Budget for Many Brand MarketersMarketwired(Wed, Dec 18)
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