
Newsletter
Promoter: | Bull Trends | Paying Party: | UNKNOWN |
Stocks covered: | Compensation: | Avg $ Volume for Period: |
MGT | No compensation | UNKNOWN |
Max Profit: 23.66 % | Gain at close: 23.66 % | |
*We think that this promoter is a part of a group of promoters. |

Good Morning Bull Trends Member,
We have another low float play this morning – and what makes this one so special is… it's trading on the NYSE!
BullTrends.COM Presents:
MGT Capital Investments
**NYSE: MGT **
Company Website: http://www.mgtci.com/
Finding a low priced penny stock on the NYSE is hard enough as it is, but finding one with a low float of just a little over 5 million shares is pretty rare.
MGT fits both criteria!
The lower the float means the higher the chance of fast moves. When there's limited supply but huge demand, a low float stock can move up dramatically in price.
MGT right now could be at extremely attractive prices!
The company is expected to launch the very FIRST social daily fantasy sports game on Facebook, called Daily Fantasy Legend THIS MONTH!
The fact that this launch is so close means that timing is critical. Start your research on the company right away and put it high on your watch list!
Last month MGT was trading as high as $1.14 and as high as almost $2.00 back in September!
Daily Fantasy Legend is free to play and will be available to anyone aged 13 and up with a Facebook account.
Based on the Company's internal forecast, MGT expects to exit 2014 with an annualized revenue run–rate of over $2.0 million!
Just yesterday MGT reported financial results and operational developments for the fiscal third quarter ended September 30, 2014.
Highlights include:
For the nine months ended September 30, 2014, total revenue was $702,000, as compared with $193,000 for the same period in 2013.
Operating expenses decreased by approximately 42% to $1.6 million from $2.8 million for the same period in 2013.
Robert Ladd, MGT's Chief Executive Officer made the following comments: "The third quarter demonstrated continued development and growth of our daily fantasy sports platform. As we execute, we remain confident that our shareholders will benefit greatly from the rapid expansion of this industry."
Facebook has over 1 billion users and a lot of these users play games.
In 2014 there were over 41 million people playing fantasy sports in the USA and Canada.
The Fantasy Sports Trade Association estimates that 32 million Americans spend $467 per person or about $15 billion in total playing.
This is a huge industry and MGT is launching the FIRST social daily fantasy sports game on Facebook.
The feedback could be huge and could quickly catapult MGT into fame on Wall Street!
MGT could soon be heading back to previous highs. This is one LOW FLOAT to not ignore!
Our last low float was a triple digit mover and history could repeat itself!
Hurry and do your due diligence at: http://www.mgtci.com
MGT looks very attractive to us right now at these levels!
Sincerely,
BullTrends.com
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