AMCG, Finding a long term play in the penny market is tough if not impossible, AMCG has a story which could carry them all the way through
Members have asked us for a pick which could have a solid long term run. Although the phrase long term has many meanings PSC will peg long term as one year. Yes one year can be considered short term by some but when you invest in a penny stock, one year is very long term.
In order for a company to be successful long term, they need a vision and they need to grab a significant portion of a growing market.
AMCG is one such company. The URL for the company is http://www.amicogames.com/.
AMCG is our first platinum pick since the re-launch of the website.
Amico Games Corp. is in the interactive mobile multi player game market. They are competing with giants and cell phone companies like NTT and Nokia are chomping @ the bit to get products to their members.
The market has been growing for years and the trend is only accelerating.
The news flow on AMCG is steady and only getting stronger.
Amico Games Corp. Appraised as Top Three Profitable Enterprise at China’s 5th Mobile Phone Game Enterprise Fair
The stock has good support here and could easily double or triple from here.
On the long term, the stock could see $3.00. If you read the last two PRs it gives you good reason to buy the stock. We will be publishing due diligence over the weekend on Amico to give members some more insight into the upside for the company.