Buy Face Up Entertainment

In: Tips

4 Apr 2013

Hi Everybody,

This exciting story already has traders buzzing so lets get right to it.

Our alert for Thursday is Face Up Entertainment Group Inc., FUEG
The stock closed Wednesday at 13.5 cents.

FUEG is the Internet’s first Reality Gaming Social Network.

Their unique online gaming platform has them seeking a slice of some HUGE markets:
– Social Gaming which is projected to be a $8.64 Billion Market by 2014
– Online Poker which is forecasted to be a more than $33 Billion Market in 2013
– 1 Billion Facebook users

Social Gaming has seen some hyped up IPO’s and MONSTROUS GROWTH the LAST 2-3 years. Meaning investors are receptive to this kind of story.

One drawback to social gaming however has been monetization.

FUEG believes their subscription based model will be the key to monetizing their growth.

FUEG charges for things such as tournament entrance fees.

A recent deal with popular poker league; Texas Hold ‘Em Poker Leagues, is one way FUEG is hoping to transition players to their site.  We would expect to hear about more deals like this in the future.

What could really be a boon for this stock, and is the type of forward looking event that will excite investors is the possibility of many states pursuing online poker legislation that would legalize gambling online again.

Nevada has already taken the first step in becoming the first state to legalize online gaming.

States considering the legislation are California, Illinois, Massachusetts and Iowa.  Several other states are expected to emerge.

FUEG is already introducing its platform to Nevada enterprises.

FUEG is showing a philanthropic side as well.

FUEG entered into a collaboration agreement with Bad Beat on Hunger, Inc. and will together promote a series of entertainment tournaments and social networking initiatives to raise money in support of efforts to help millions of children who are living in poverty and struggling with hunger all over America.

While it is great to see a company we are covering doing some charity work, there are some benefits beyond the joy of helping the needy.  These tournaments will give FUEG some excellent exposure.

Now lets look at the stock…

FUEG came off a bottom Wednesday and looks like with the additional exposure it will be receiving Thursday, that it could begin a major breakout.

Don’t forget to put FUEG on top of your watchlist Thursday morning.

Free Stock TipsAs 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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