UOMO Establishes Presence on the West Coast
Good Afternoon!
How much will people spend globally on media and entertainment come 2019? Try $2.23 trillion on for size. That’s a huge market for sure and since the United States is the world’s biggest market for that sort of thing, companies in the space are worth serious attention.
So look here. UOMO is trading as a sub penny play which means that it holds perhaps the biggest upside in a space that is clearly exploding in growth.
The company has opened a satellite office in LA, giving it not just a presence, but a foothold in one of the biggest media and entertainment markets in the country.
UOMO has some serious bottom bounce credentials, including a volatility levels which have to be seen to be believed.
Check out the setup below and make your move on this gem as soon as you possibly can.
UOMO Must-See Technicals
UOMO is bounce potential defined. RSI is 32 which give traders the perfect setup for entry.
UOMO is trading below its 50 DMA of .0021. That’s short term upside opportunity of up to 250%.
UOMO has seen an explosion in daily volatility. Average volume is now 2 million shares.
UOMO had a 52% intraday delivery on Aug 18, opening at .0019 before rallying to a high of .0029.
UOMO is poised to benefit from the expected explosion in media and entertainment spending. By 2019 the global market is expected to reach $2.3 trillion.
UOMO now has a strong anchor in the entertainment capital of the world, Los Angeles. The company has worked with the likes of both Rhianna and Beyoncé.
About
UOMO (UOMO Media Inc.) is a multi-channel entertainment company that acquires, produces, and manages media content.
UOMO integrates existing and well-established revenue streams in recorded music, publishing, television, and talent management through its five operating divisions: UOMO Digital Solutions, UOMO Film & Television, UOMO Recorded Music, UOMO Talent Management, and UOMO Publishing.
UOMO was founded in 2004 and is based in Toronto, Canada.
Global Media & Entertainment Could Hit $2.23 Trillion (PwC)
Price Waterhouse Coopers’ Global entertainment and media outlook reveals that total worldwide entertainment and media revenues will rise at a compound annual growth rate (CAGR) of 5.1% over the coming five years, from $1.74 trillion in 2014 to $2.23 trillion in 2019.
While the pace of industry growth will vary widely in different markets – with Japan seeing the slowest growth at a CAGR of 0.9%, and Nigeria the fastest at 15.1% – it’s apparent that when consumers around the world become connected their behaviour becomes more similar, subject to two differentiators.
The first is the quality of the available infrastructure for consuming content. The second is consumers’ common desire for content experiences that are relevant to them personally – which is why, even in a globalised world, meeting local preference remains critical.
Big News Development
UOMO Opens LA Office
UOMO is expanding with the opening of a satellite U.S. office, establishing the company's West Coast presence in Los Angeles.
"The time has come for us to have a strong presence in the epicenter of the entertainment market. The move is a natural progression of growth for the company, which has built a proven track record for digitally central marketing for music and entertainment. With our LA office, we can capitalize on all of the opportunity in this region and open our doors to further opportunities in attracting the best clients and talent," said Camara Alford, UOMO Media's CEO and Chairman.
To learn more about UOMO please visit their website: http://www.uomomedia.com/
UOMO could explode again like it did on Aug 18 – 52% intraday gains on that day.
Get ready to capitalize.
Your Friend,
Jeff "The Mirkinator" Mirkin
info@damngoodpennypicks.com
I Answer All Email
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