We just posted our new, big online travel pick: BDGN (Budget Center, Inc.)! This hot stock play is trading at around a $4 million market cap and one of its travel sites BudgetHotels.com ranks #1 on Google for the very hot keyword “Budget Hotels.”
Budget Center
Symbol: BDGN
Current Price: $0.15
Snapshot – “BDGN has commenced development of their “budget” category domain network in the online travel and related industries. Through its websites, the company will strive to offer a range of the best possible travel options for every budget. BDGN just announced on Wednesday, January 13th that they have signed an agreement with an industry leader to develop their BudgetResorts.com domain. BDGN looks to receive attractive booking commissions while providing great value to their budget-minded customers. BDGN has recently launched their BudgetHotels.com Website! With consumers looking for thrifty travel options and travel sites in the past like PriceLine.com, Travelocity.com and others that have done very well, we believe we could see Budget Center be the next big winner in the space!”
Some of BDGN’s “budget” brand domains include BudgetHotels.com, BudgetAirlines.com, BudgetResorts.com, BudgetCharters.com, BudgetAdventures.com and many others.
BDGN is trading at a market cap of only around $4 million. BDGN’s volume has increased the last three trading days and it has corrected from its high of $0.18 on Monday!
BDGN is trading right at it’s 50-day moving average, which is now at $0.15 and can act as a support line for BDGN! We could also start to see BDGN’s 50-day MA turn the corner and start to trend higher!
BDGN has a nice chart brewing. If you look at BDGN’s Stock Chart since around 11/23, notice how it reached a high of $0.45 on 11/23, then went to the $0.25 – $0.30 level. BDGN then hit the same level that it is current level. BDGN is now starting to uptrend in the same type of price pattern, inverse of what we saw BDGN do in its downtrend!
We believe the smart money is picking up on this trend that we are seeing! We believe we could see BDGN spike higher at any time!
A press release came out over the BDGN headline wire on January 12th expressing that, “The current economic downturn is creating a lasting return to online travel sites focused on budget-conscious consumers looking for bargains.” We believe we could see BDGN flourish as travelers continue to look for bargains on travel.
Type “Budget Hotels” into Google and you’ll see BDGN’s BudgetHotels.com show up as the #1 organic result! This is big time because the keyword “Budget Hotels” has a global monthly search volume of 368,000 according to Google!
We will have more on this hot opportunity! Keep up to date on BDGN within our Stock Hub and this Stock Newsletter!
Take the time to check out BDGN’s new corporate Web site at www.BudgetCenter.com for more information!
