Did We Just Find The Next Big NASDAQ Promo Play ?! Refer Within.
Good afternoon readers and welcome new subscribers!
This morning we sent you our report on OMVE, a holding company that owns PRVCY, a high-end jeans company creating a brand similar to that of True Religion jeans.
Overnight attention on OMVE must have been too much for the stock to handle as it gapped nearly 10% above yesterday’s closing price. You’re always starting off on the wrong leg when you’re faced with a situation like that, and while the liquidity is more than satisfying, the price was the ultimate victim of this morning’s scenario. We watching market maker BKRT walk the asking price from .19 to .158 in a matter of minutes, hindering any opportunity for movement.
With our “onto the next” trading mentality we’ve already came across a stock that may see a considerable amount of awareness in the coming weeks. This stock doesn’t trade on the OTC or PINK market either – it’s a BIG BOARD!
Whether LIVE actually becomes the next Groupon is irrelevant to us – all we see on this webpage is information that tells us this $6 Nasdaq stock could be the subject of an awareness campaign similar to ones we see in the penny markets.
Low-float Nasdaq plays have been ULTRA hot lately, as witnessed by ROSG’s recent run from $9.50 to over $16.00 in just 24 hours!
“LiveDeal, a Nasdaq-listed company (NASDAQ:LIVE), recently announced on its website that it is deploying a social marketplace service – one with all the appeal of Groupon, but the unique feature of delivering exceptional local deals as they happen. It’s more than just a twist on a great idea; it’s revolutionary!” says the website.
Keep an eye on LIVE for the following weeks as we think this awareness campaign has yet to even officially start. And as always, stay tuned for our next alert!