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In: Tips
30 Jul 2014Hi Everybody,
Our last alert traded up 35.3% at the high. Let’s get right to our next one.
This company is in a super hot market and their stock price is cheap, so there may be some great gains to be had as traders start to jump on it.
Do you know what these are?
• Aviate $80 million
• Draw Something $200 million
• Natural Motion $527 million
• Waze $996 million
• Instagram $1 billion
• WhatsApp $19 billion
They are just a few of the many app/social media acquisitions done in 2014.
This market is hot and Google, Yahoo, Facebook, Apple, Zynga, and other heavy weights are snapping up apps.
Our alert for Wednesday is:
IL2M International Corp.
Symbol: ILIM
Last trade: 5 cents
ILIM is an emerging music entertainment and social media company.
ILIM is in beta to launch the iLink2Music.com digital media platform, which provides an evolutionary online application that consolidates the way people enjoy and manage their social media, music, and entertainment.
ILIM intends to generate exclusive online celebrity radio, video, events, and content, and generate revenue from branding, content licensing, co-creation, and product placement ads.
ILIM has just started reaching out to investors so the chances of ILIM breaking out are good.
Based on all the recent app transactions, it’s pretty clear acquisitions will continue to grow throughout 2014.
If a platform has the user base and technology users want, a large company such as Yahoo or Linked might choose to skip building a competing version in-house – and instead simply purchase it outright. That’s why this area of the market is so hot.
Get ready to book your profits with ILIM.
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.
Good Trading
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