Newsletter
| Promoter: | We Pick Penny Stocks | Paying Party: | Equities Awareness Group |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| MBYL | $20000 | 33574 |
| Max Profit: 13.92 % | Gain at close: -20.25 % | |
| *We think that this promoter is a part of a group of promoters. | ||
Today's pick - MBYL (Mobile Data Corp.) - has designed a unique software application for smartphones that could catch on to the mass consumer market...
... and I could see the potential within the private sector as well which could skyrocket revenues and earnings.
To find out more information about (1) the fundamental growth potential, and (2) the technical indicators, continue reading below...
MBYL’s High Growth And Market Expansion Potential
As the smart phone market continues to grow on a daily basis, MBYL is set up to grow within the expanding multi hundred billion dollar industry.
In fact, Research in Motion Ltd (Black Berry) single handedly experienced an increase of phone sales from 8.5 million last year to almost 12 million in Q3 of 2010.
This represents a strong growing market segment for MBYL which is an indication of the Company's tremendous potential to generate increased revenue sources.
Currently MBYL’s software is offered to Blackberry® Compatible Devices.
MBYL's one-of-a-kind MDC-KidTracker™ is a software application that tracks the whereabouts of BlackBerry smartphones and provides up to the minute reporting of current location and recent location data points.
The MDC-Tracker™ was designed specifically for Blackberry® Smartphone's proprietary transmission technology, which works with the largest number of international cellular carriers.
In the past few days MBYL released its new software application that has been approved by BlackBerry AppWorld and can be downloaded directly from BlackBerry AppWorld through the following link: http://appworld.blackberry.com/webstore/content/34452?lang=en
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Below are some technical indicators and chart patterns to look for as MBYL trades during tomorrow's market...
The new software application that MBYL has released could cause a frenzy among consumers - and that could bode well for current and potential traders.
With volume levels picking up over the past few days, MBYL’s growth potential could be on the rise, especially since the market valuation of MBYL spiked more than 8% during late Friday trading.
Just look at the following statistics:
- MBYL is known for its famous spikes in market valuation that provide investors with enormous gains.
- Recently, MBYL spiked more than 46% in 1 day and the recent bullish activity is suggesting for a possibly similar outcome considering wherein MBYL closed the day at the highest valuation of the day!
- At the beginning of March MBYL upticked in valuation to over 13 cents. If it tests that range then gains from current prices could approach 100%.
Combined with the breaking news and current RSI chart that is heading into an uptrend, MBYL has the potential to approach higher highs.
Let's watch MBYL trade tomorrow!
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