Tips, tactics and strategies
In: Tips15 Mar 2012
OREO double stuffed portfolios with another nice move yesterday closing at its high of $1.75 up nearly 25% from our alert a couple days ago.
Ready for another winner?
Have you ever heard the saying “imitation is the biggest form of flattery?” Noticed that regardless of how good a company or service is, there is always room for a direct competitor? Ever said, “why would that company do that? (Enter Dominant Company Name Here ) already dominates the market, they will get crushed” How many times have those copy cat companies gone on to flourish using better branding, pricing, or customer service as ways to gain market share?
Coke and Pepsi, McDonalds and Burger King, Ford and Chevy.
Well, we have a copy cat company, trading on it’s lows that we think you need to put on your watchlist.
The original company is one everyone has heard of and most of you have used. People have always wanted to figure out a way to invest in the original but because they are private it has not been possible. The original company has been valued at over $1Billion dollars meaning a successful copy cat would sure get investors attention.
Not only does this company have a strong story, but the chart gives us reason to believe that this stock may be about to jump.
Anyways, enough of the tease, let’s get to it.
Our alert for Thursday is FrogAds, Inc., FROG, and the stock closed Wednesday at 17.4 cents.
Here’s some information to get you started:
FROG is the same type of site as Craigslist. A website offering free global classified ads.
The sites are almost identical, but here’s why FROG should excite investors.
Craigslist openly says that revenue and profits are not a driving factor at the firm. The CEO has said he doesn’t really care about profits and revenue generated is really what falls into their lap.
Craigslist did $115 million in revenue last year and AIM (a well known media consultant) estimates there is between $1 and $2 billion in untapped commercial potential locked up at Craigslist because of their lax business goals.
Remember, that $115 million in revenue came in the door without even trying. Imagine what a company that used the same model could do if it aggressively went after business.
That’s why FROG could have enormous upside.
FROG is just now rolling out this aggressive plan so you are hearing about this one early.
FROG is just now starting to generate revenue.
FROG is leaping up the Alexa chart which ranks the popularity and traffic of a site.
Remember, while these numbers are small right now, they are trending in the right direction.
According to Alexa.com
World wide rank is 51,746. (40,802 7 day rank)
US rank 19,476
Monthly traffic is up 45%
Page views are up 58% in the last month
Search requests (people looking for them) is up 325% in the last 3 months.
FROG actually gets more traffic from search than craigslist so that is a great sign. People are learning about the site.
Well, for one, FROG recently hired Pamela Anderson as their celebrity spokesperson and a recent press release says they just got done filming promotional materials with her so keep your eyes out for commercials.
Although we are speculating on this, a spokesperson usually starts hitting the publicity circuit (think Jay Leno, David Letterman, Jimmy Kimmel, Ellen, The View, and such) and also does interviews with print media and news sources. Think of the traffic that could drive.
So, FROG is clearly has a good business plan, and is executing the early stages well as evidenced by their Alexa statistics. By hiring Pamela Anderson to help spread the word we’d expect FROG will continue to gain a larger piece of the public consciousness.
FROG has only been trading since December and is still finding it’s range but we like the way it rallies after a down move.
FROG has had rallies of 35%, 59%, and 66% so we can see it bounces well.
FROG has sold off the last 4 days and we know that after a 3-5 day sell off most stocks become over extended to the downside. (last month we made some big money playing this type of set up if you remember)
Here we are again, FROG surely looks oversold at these levels. Knowing that millions of new traders will be learning about this company, we believe they will see this as a great buying opportunity on an exciting stock; and that is the perfect recipe for profits.
As always, do your own research, don’t chase gaps, use limit orders
to enter positions, always use stop loss orders to protect your
position, and take profits when you are in a position to do so.
Get ready to book your profits with FROG.
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