Hello All, I have a great new alert for you tonight. Please take a close look because I think those that get involved will bank some nice profits.
My last two alerts continue to inch up. Both made higer highs today.
While they are not setting the world on fire there is nothing wrong with being in a stock that moves 10%-15% or more in a day or two.
If these were NYSE stocks the talking heads on CNBC would be telling you what a strong move they made. Do not lose sight of the fact that although we get into these trades hoping for a home run the most successful traders make their living by hitting singles.
Move your stops up to protect your gains and watch closely for an area where you can exit the trade and book your profits.
On to my new alert which is HeadsUp Entertainment International Inc. The symbol is
HDUP, and it closed today at 8 cents a share.
HDUP is a global media and entertainment company engaged in the creation of branded entertainment through the development, production and marketing of televised programming based on poker and other entertainment themes.
Please begin your research here www.headsupentertainment.com, and here: http://finance.yahoo.com/qs=hdup.pk
HDUP`s proprietary events, which are tournaments that have been created and are run by
HDUP at various venues across the country, look to continue to accelerate revenue generation in the upcoming year.
Since the acquisition of the Canadian Poker Tour brand,
HDUP has been able to grow the number of events by over 800% as it looks to sanction and host close to 600 poker tournaments in 2010.
HDUP has launched the CPT Players Membership program as a means to monetize the player base and create new revenue streams, the launch has been extremely successful.
The Canadian Open Poker Championship is
HDUP`s flagship tournament and negotiations are underway to host this year`s event either in B.C. or Ontario in order to capitalize on the larger player and population base as well as more favorable regulatory conditions for television broadcasting of the events.
HDUP estimates that this event will double in size this year and being the leading revenue generator from events fees and television sponsorship.
HDUP recently announced the launch of its own online poker television network. The Canadian Poker Player Television Network (CPP TV) will begin on March 5th, 2010.
HDUP has secured an advertising and sponsorship deal with 888 Poker and other sponsorship deals are currently being negotiated.
HDUP`s publication Canadian Poker Player Magazine, published its first 3 issues in 2009 and comes out every second month with 6 issues slated for 2010.
HDUP`s advertisers in the magazine include Full Tilt Poker, Cake Poker, 888 Poker, PKR, Ace`s Wine Group, Ksino Clothing, The Score Television Network, Victory Poker and Party Poker as well as a number of land based casinos promoting their respective upcoming events.
The magazine has been profitable since its last issue and new advertisers are adding to the profitability of this business unit.
Poker tourism is an area that is growing quickly for
HDUP. With its strategic marketing alliance with the World Poker Showdown, marketing poker vacation destination packages to Canadian players is a growing market. Events in Costa Rica , the Dominican Republic and Las Vegas have been profit centers and pre-registration for the upcoming Poker Super Cruise April 25-May 2 looks to be very strong.
HDUP has announced previously that it has signed a letter of intent to acquire the World Poker showdown as a wholly owned subsidiary and the due diligence period is currently underway. This acquisition along with others is a strategy
HDUP is implementing to fully realize the potential of offering sponsors and players a comprehensive model that maximizes revenue potential in order to increase shareholder value.
HDUP President Kelly B Kellner says "With many of the players repositioning themselves in the international poker marketplace, our comprehensive marketing and media model positions us to generate substantial revenues going forward or make us an attractive acquisition candidate." I like
HDUP here. The stock closed today at 8 cents. Support is in the 6.5 cent area so you would want to put your stops just below that.
I usually do not say this but I am looking for a strong 50% or more price move up from today`s close from this alert.
I think
HDUP could head back to last months high which would be a price gain of just under 90% from here. With everything they have going on it could even do better.
For those of you who have been sitting on the sidelines watching I think this is one you should really take a close look at.
Get ready to book some nice profits with
HDUP.
Good Investing, Mark If you do not trade with a broker that allows stops GET ONE.
ChoiceTrades does allow stops and they only charge $5 commissions on OTC stocks. Open an account by following this link.
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