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Our New Low Priced Pick Is…
Multimedia Platforms, Inc. (symbol: MMPW)
Good Evening,
Get ready to tap into one of the biggest sectors to hit Wall Street in the last 20 years. It’s a sector that is gaining massive momentum and our new pick exemplifies the opportunity.
MMPW serves the U.S. lesbian, gay, and transgender (LGBT) via a series of media assets. As a target market the company is well versed on the market potential because according to estimates, the LGBT community is currently spending near to $900 billion annually on all aspects of life. Homes, apps, you name it.
MMPW has come to life in recent weeks. The play has seen volatility levels explode recently by as much as 149%. Investor interest is now at some the highest levels it’s been in months and there is a real sense that the company is about to break into another league.
Just to give you a sense of perspective, MMPW has hit a high of $5 in the last 12 months but after pullbacks and some expected profit-taking the play is available now for just 16 cents.
This is a very good trade opportunity and MMPW has both the fundamentals and the technicals to justify the interest it is getting presently.
Make your move on this untapped opportunity right now.
Check Out These 5 Key Short Term Technicals
MMPW is trading with a whole lot of bounce potential and is just a 25 RSI on the daily chart.
MMPW has a super-low float of just 526,672 shares in the public float.
MMPW rallied big on December 17, opening at .61 before reaching a high of .95. Traders walked away with up to 55% intraday gains.
MMPW has seen breakout volatility levels in recent weeks. In one recent session volume exploded 149%.
MMPW in its 2015 end-of-year update to shareholders revealed that it raised over $3 million for development and expansion.
LGBT Spending Power Now Almost $900 Billion
The combined buying power of the U.S. lesbian, gay, and transgender (LGBT) adult population for 2014 was estimated at $884 billion, according to an updated analysis by Witeck Communications.
Releasing the latest projection, Bob Witeck said, “Buying power estimates help paint one snapshot of the overlooked economic contributions made by America’s diverse gay, lesbian, and transgender households in our dynamic economy.”
Witeck also emphasized that, “Buying power is not the same as wealth. In fact, there is no evidence that LGBT people are more affluent or, on average, earn more than others. Economists confirm that is a stereotype, as academic research strongly suggests that gay men appear likely to earn slightly less than their straight counterparts, for instance and that LGBT populations of color particularly face many job and earnings barriers.” Witeck specifically cited the work of the UCLA School of Law’s Williams Center and the National Center for Transgender Equality that document regrettably higher incidence of bias and economic disparity faced by transgender adults, too: “Time and again, studies show that transgender people face unacceptably high rates of discrimination in all areas of life, especially in employment and health care.”
Disposable personal income (DPI) – also known as buying power – according to economists, is the amount of money that individuals (or households) have available to spend and save after paying taxes and pension contributions to the government (roughly 86% of income).
“LGBT buying power is an economic marker that helps benchmark America’s diverse lesbian, gay, and transgender community,” said Justin Nelson, National Gay & Lesbian Chamber of Commerce (NGLCC) Co-Founder and President. “At NGLCC, we have more than 150 corporate partners that understand not only the value of the LGBT dollar, but the economics of inclusivity and loyalty.”
Multimedia Platforms Releases Summary of Its Accomplishments in 2015
In December MMPW released a comprehensive list of its accomplishments in 2015.
They included the following:
Multimedia Platforms LLC went public in January of 2015, becoming Multimedia Platforms Inc. with trading symbol, MMPW.
Raised over $3 million for development and expansion.
Acquired 3 additional global LGBT media brands, considered to be among the highest level media companies in the LGBT media space, and brought a North American corporate footprint, with a global audience.
FunMaps (over 40 US & International cities)
NEXT (NY, New England, and throughout the Northeast US)
Frontiers Media (Los Angeles, and throughout the western US)
Increased the online followers and readers by a very significant number. Download and view the statistics table
HERE: Multimedia Platforms Statistics 2015: Q2 and Q3
The much anticipated WiRLD.com, a global LGBT media hub, featuring a global news stand, global social media business directory, real time social media network and an online entertainment network featuring drama series, documentaries, comedy shows, live simulcast events and a global rewards program, is ready to be launched early 2016.
The strategic investment has positioned the Company to take advantage of the $900 Billion US LGBT market (over $3 Trillion, globally).
Big Catalysts for MMPW
MMPW has a low float that could become a factor in a short squeeze situation.
MMPW is trading with a bottom bounce RSI of 25.
MMPW is experiencing a significant upswing in daily volatility.
Start your research on MMPW now.
Able Trader
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