Watch List for 11-5-2009My new big pick is
FVSTAPut
FVSTA on your watch list because the charts looks like it could breakout! I can only think of one thing that can keep someone glued to their computer or TV for 40 hours straight. That`s video games.
Yahoo news just recently reported that an equities trader by profession, just broke a record by playing Grand Theft Auto IV for 40 hours!! Article: http://videogames.yahoo.com/events/plugged-in/man-plays-grand-theft-auto-iv-for-40-hours-breaks-record/1365827 There are some people that play World of Warcraft hours a day. The video game addiction is very real and it`s making the game companies lots of money! Activision Blizzard the company behind many of the top games today has a market cap of roughly $13 Billion!! Then you have your "other" gamers. The ones that play card games online. This is a huge addiction for many people too.
FVSTA has taken the best of both worlds and combined it into a single game. Now you can play a first person shooter game for money!
FVSTA recently signed a NDA with a huge Chinese game company and has begun play testing
FVSTA`s Run the Gauntlet at it`s Shanghai facilities. If the Game gets picked up in China, this will be a major hit for
FVSTA.
With 1 billion people the market is huge. The Chinese kids love playing video games.
FVSTA looks attractive at these levels for many reasons: 1) Lucrative software/gaming sector -
ERTS($17.73),
TTWO($11.09),
ATVI, 2) Extremely low float - less than 2MM shares in public float, this means
FVSTA could make huge moves.
3) Big success of First Person Shooters including Gears of War, Halo3, Call of Duty 4, Battlefield 1942, Medal of Honor, Half-Life, Quake, Doom, Unreal Tournament 4) Chart is very bullish, Upward trending. http://bigcharts.marketwatch.com/quickchart/quickchart.aspsymbfvsta&sid0&o_symbfvsta&freq1&time5 5) Revenue model is two-tiered. Sale of game in brick and mortar (game stop, ebworld) and via online sales. Also, revenue model derived from online multi-player tournaments where
FVSTA pays out 75% and keeps 25%.
In North Amercia there are as many as 1.5 mill people playing a first person shooter at any given time.
To view a complete profile on
FVSTA go here: http://www.farvistainteractive..com/pdfs/
FVSTA.pdf
FVSTA estimates they could make approximately $8.7 mill in it`s first year of operation.
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