Tips, tactics and strategies
In: Tips5 Feb 2013
We have an alert that should be a safe way for you to profit off of what should be a strong day Tuesday.
The stock has made runs of 120% and 90% and looks poised for another big breakout.
Our alert for Tuesday is iMing Corp., IMNG and the stock closed Monday at 92.5 cents.
IMNG is a provider of set-top boxes supplying high-definition television through the Web in China, with the goal of being a leading provider of set-top boxes throughout Asia and expanding into North America and Europe.
IMNG‘s Set-Top Box can play source files from USB, SD/MMC card, SATA or an internal 2.5″storage installed into the Web TV Box. By supporting the latest format 1080P Full HD decoding, SPDIF.7.1.DTS decoding and HDMI 1.3, IMNG‘s Web TV Box brings high quality and flexibility to a consumer’s home entertainment experience.
The technology used by IMNG makes its product competitive with the other industry players such as Google TV, WDTV, Apple TV, Roku and Boxee Box.
IMNG is already making revenue and has for over a year, which is encouraging. But what will really excite investors is IMNG‘s enormous potential.
Consider its market, China, and its rapidly growing consumer class; set top boxes like IMNG could become a “must-have”. If that happens IMNG would see EXPLODING revenue.
It’s that potential that sent the stock on runs of 120% and 90% in its relatively short trading history.
IMNG has shown it can make runs and it looks like we may be coming up on the next leg of IMNG‘s larger move.
IMNG could breakout over a dollar, make sure you’re ready to roll Tuesday morning!
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.
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