$BLAP WhisperFromWallStreet Alert BLAP
March 15, 2010 by admin
Filed under Todays Watchlist
Hello All,
I hope everyone had a nice weekend. We finished last week of strong so lets carry that momentum into this week.
I am VERY excited about my alert today so lets get right to it.
My new alert is Blast Applications Inc. The symbol is BLAP and the stock closed Friday at .009.
Please begin your research here www.blastapplications.com and here http://finance.yahoo.com/q?s=BLAP.PK
BLAP is a premier design and development group creating iPhone, Facebook, and Twitter Applications that make spending time on these sites easier and more productive.
BLAP has a unique opportunity to monetize the web surfer’s dedication to social media sites through direct advertising programs tied to the Company’s tools, applications and websites.
As you probably know social media sites like Facebook and Twitter are exploding. The numbers are staggering.
Lets look at some numbers.
Twitter has an estimated 12 million users and growing every day.
Facebook has over 400 million active members and over 200 million of them use the site each day.
According to Facebook, every month, more than 70% of Facebook users use platform applications.
That’s 280 million people a month using applications.
Can you see what a huge market this is for BLAP?
In addition BLAP announced Friday the relaunch of a dating site they acquired earlier this month.
Here is the headline.
http://finance.yahoo.com/news/Blast-Applications-Celebrates-iw-339694.html?x=0&.v=1
Blast Applications Celebrates New Web Site Launch of CanDoBetter.com Blast Applications Has Re-Launched a Newly Designed Web Site With New and Improved Capabilities for Creating the Perfect Match
Dating websites are big business. Each month more than 40 million people log on seeking spouses, significant others, and friends.
Because the industry is so successful, experts predict that revenues which were more than $900 million in 2007 will rise to
$1.9 billion by 2012.
BLAP is obviously focused on the right areas. These are huge markets.
Now lets take a look at the stock.
BLAP closed Friday at .009. This is under 1 penny a share. These sub penny stocks can be explosive for sure.
It doesn’t take much of a move to be able to book big profits with these cheap stocks.
Take a look at the chart back in November of last year. BLAP broke out and went from .011 to .07 for a gain of 600% in days.
This shows us that when BLAP gets on a roll it can really move.
I think the news that came out Friday will get more investors looking at BLAP which may be the spark that gets BLAP running again.
BLAP has very minor resistance at .011. When it gets through there the next minor resistance area is .02 which would be a 100% price gain. If it gets through .02 The next stock looks like it would be .07 which would be a 600% price gain.
Most people join newsletters like this looking for exactly this type of trade. I do not think BLAP will disappoint us.
Get ready to put some money in the bank with BLAP.
As always do your own research, always use stop loss orders, and book your profits when in a position to do so.
Good Investing,
Mark


