Free Stock Tips

Hi Everybody,

Today we have a bounce play for you.

Our alert for Thursday is Life Design Station International, Inc., LDSI, and the stock closed Wednesday at 4 cents.

Before we get to the details of the company for those of you that actually like to know a little something about the stocks you trade let me get into a little something about why we like bounce plays.

Bounce plays work for one reason. People love bargains.

What happens when you go to your favorite store and you see 50% off signs all over the place? You probably take an extra long look at the merchandise and next thing you know you are rationalizing what a great deal you are about to get.

Well, the same thing applies when it comes to the stock market. People look at stocks that are down 50% like they would a bargain. Many people jump in and that’s what we are looking for. A spike in prices caused by bargain hunters that we can take advantage of to put money in our pockets.

Well LDSI traded as high as .077 just a couple days ago. After some profit taking LDSI came off and is currently sitting right in the 50% off area which has brought some buyers out and the stock may be poised for another run.

Here are the highlights:

LDSI through its site, Backstagevibes.com, allows musicians to produce, promote, and sell their music.

This market is rapidly expanding because record labels are no longer spending resources developing talent but primarily only attach themselves to proven acts.  This means new artist are often forced to develop fans and brand recognition themselves.

Sites like Backstagevibes have proven instrumental to helping artists in the new DIY (Do It Yourself) environment and provide a way for artists to grow a fanbase and collaborate with other artists.

There is money in this burgeoning industry, soundcloud.com for instance announced a $200 Million pre- money valuation at the beginning of the year.

LDSI’s site can also be considered a social networking site, the social network industry wide revenue is expected to grow to $4.8 Billion in 2012.

Backstagevibes has positioned itself in the growing digital music sales industry.  In 2011, digital album sales saw a 19% increase in the U.S. and an astonishing 27% growth in the UK. Digital channels accounted for an estimated 32% of global revenues for record companies in 2011.  Global online music revenues are expected to rise to $7.7 billion by 2015.

LDSI has identified a large market and is looking to begin taking a share.

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 LDSI.

Good Trading