Start July Off With a Bang With SPYR
Monday’s alert traded up 25%. Nice job to those that booked their profits.
Our next alert looks like it could be a big winner and put some cash in your pocket so lets get right to it.
Here are a few company highlights:
7.2 million in the bank.
13.1 million in assets.
1.4 million in 2014 revenue.
A winning mobile game
Analysts predicting higher prices
Now remember, when it comes to making money in OTC stocks you want to be in those stocks that have a good story and others are talking about. It’s the buzz that get these stocks moving and this company has a strong story.
Our alert for Wednesday is:
Ticker symbol: SPYR
Last Price- $0.55
SPYR Inc. is a digital publishing and mobile app developer.
SPYR’s websites cover topics including: food, travel, fitness, nutrition, fashion and parenting. SPYR monetizes the traffic on these sites selling advertising.
SPYR’s latest mobile app, Plucky Rush, is on fire and has been downloaded over 50,000 times from the Google Play Store and has a 4 out of 5 star rating.
Iphone and Ipad users love SPYR’s Plucky Rush as well and according to a recent press release ranks the 64th most popular free game in the App Store and was ranked 10th in its category, “strategy games.”
We all know mobile app stocks can go crazy when a game catches on.
As you saw in the highlights, SPYR’s financials looks strong too.
2015 Q1 revenue of 432,000 million
2014 total revenue of 1.45 million
Over $7 mill cash in the bank
In case you haven’t noticed this whole “digital publishing & advertising” thing is kind of a big deal.
2015 total digital advertising spend in the U.S.= 52 Billion.
2017 Projection= 61 Billion
Online ad sales have continued to register double-digit percentage growth year over year.
The mobile app market is also booming:
The mobile apps industry is expected to grow 16.5% in 2015.
Mobile games have been projected to account for over 30% of the U.S. mobile content market in 2015.
A recent article on Entrepreneur.com says the app industry will be worth 77 Billion Dollars by 2107.
What Are Others Saying About SYPR?
SPYR has been receiving some impressive price targets from several analysts:
Konrad Kuhn, analyst and publisher of The KonLin Letter issued target price between $3.00 and $4.00.
Thomas Ronk, Chief Analytics Officer for WealthMakers’, issued target price between $0.97 – $1.07 range but suggests SYPR has a short squeeze value of $1.90 which means if the stock gets running and squeezes the shorts it may spike to the $1.90 area before settling back. Keep this in mind.
So let’s break it down one more time:
SPYR has a strong story
Plenty of cash in the bank and revenue starting to roll in
SPYR is in rapidly growing sectors that investors want in on.
SPYR is generating attention from analysts that put price targets as high as $4 a share.
With SPYR trading just over 50 cents, if it hit $4, that would be a 627% move.
Will it move 627%? Who knows.
What I do know is playing stocks with big upside potential is a great way to carve out your little piece of the pie.
Make sure you’re ready to book your profits with SPYR!
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