AMCG is My Next HUGE Play…it is Poised to Bounce Higher

      
 
 
 
Hello, Traders.
 
 
I’ve been receiving lots of emails wondering when the next stock profile was going to be introduced.

Well, my next symbol is one that you’ve seen before…
 
I just didn’t think that I was going to introduce it until next week.
 
However, share prices dropped…developed a slight base… and I think this could be a much better trade idea NOW!
 

 

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                                                  My Next HUGE Play is….

 
                            *** Amico Games Corp (OTCBB: AMCG) ***

                                                                          

 
                                  
 

I think that AMCG is going to bounce tomorrow, on Friday’s market. 

So, that’s why I’m alerting people now rather than next week.

 
In fact, if AMCG witnesses the amount of buying pressure that I’m anticipating then it could trend back towards breaking its 52-Week High.
 
Remember…the last time that AMCG traded (1) at these price levels and (2) at this dollar volume… it hit $0.80 with relative ease. 
 
Keep a close eye on AMCG tomorrow since it is poised to spike upwards.

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                                                     Corporate Snapshot

Amico Games operates in the lucrative Chinese Telecommunications Sector….which has one of the fastest growing telecom sectors in the world.
 
AMCG has about 15 million registered users for just one of its products.   That’s an incredibly large database of users in a BOOMING market…and it’s only getting bigger!
Just check out their latest announcement that reports net income increasing by 187.17%!

??

AMCG.OB announced that “In light of the giant Chinese telecommunication market and fast growting market demand for mobile leisure entertainment, we ae confident that we will be able to maintain stable growth in the coming quarter.”
 

During the three months ended October 31, 2009, the WAP game “Miracle Journey to the West” gained 1,689,722 new users, bringing its total users to 14,846,490. This is a potential growth rate of almost 7,000,000 new users over the span of one year if the growth trend continues and consequently a significant increase in revenue.

 
 Galaxy Software Limited delivers its mobile phone games across JAVA and WAP platforms over 3G and 2.5G mobile telecommunication network in China. As of October 31 2009, Galaxy’s WAP game “Miracle Journey to the West” has accumulated around 15,000,000 registered users, taking up 11.1% share of multiplayer WAP game market, which is the market leader of the WAP game in terms of registered users.
 
                         
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                                     Lock for AMCG to Move Higher Tomorrow

 
It could get interesting if shares of AMCG move to $0.75 since at that point the symbol would be up 21% in one day… with additional upside potential leading into next week just like it did last time.

That % gain, in turn, could attract even more traders, causing a minor buying frenzy that lifts AMCG closer and closer to the 52-Week High.

 
Many traders play the dips and bounces of stocks they’re familiar with.  That’s often referred to as “channeling.” 
 
And I’m sure traders are playing the channel on AMCG too.  So if you liked AMCG last time at these levels then consider the idea that it could be a good trade idea again this time!
 
Keep AMCG locked onto your trading station!
 

 

Best Regards,
 
 
 
 
 
 
 
 
 
 
 
 
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