Some more details on Apps Genius Corp. (APGS) ahead of this mornings bell.
APGS makes the Snookie phone game you might have seen on Conan OBrien. (See the video.)
And the Internet is now crawling with over 4 MILLION references to this APGS product.
With word-of-mouth like that, its a good bet APGS can sell a lot of these games to rabid Jersey Shore fans.
No accounting for taste, but theyve got money to spend on toys, and APGS is the company thats selling to them.
What really got my juices flowing on APGS was the hidden potential in its chart.
The overall trend points down, sure. Thats because investors keep pumping cash into APGS and getting minty-fresh shares in return.
Maybe dilution is a factor for long-term investors. You and me, though, were in it for the one-day trade.
When APGS sets up right, its proved it can spike 40% to 50% in a matter of minutes.
The latest big swing was only 2 weeks ago.
Thats when APGS leapt back up to the 50-day trend line after briefly dipping below it.
That reversion to trend translated into an easy 50% returnand as of Monday, APGS was in roughly the same position.
Meanwhile, APGS keeps growing its business into new areas like microfinancing.
Read up on Kickstarter and the $300 MILLION a year its raising for other start-up projects.
So if you loved this stock as the online presence of the Jersey Shore diva, its still got all the Snookie you can shake.
But if you were a Snookie hater, theres a lot more here now.
After all, this stock has shown us all that it can soar when it wants to.
And its picked up a loyal cult following in the process!
If APGS is back on the move, can you live with yourself if you miss it?