Newsletter

Did You Grab A 32% Profit on LIVE? VIVA News

Did You Grab A 32% Profit on LIVE?

Every now and then I make a great call. Nice to have an August win for any of you who might have been paying attention.

Back on July 28th I published an edition entitled "Use The GTC Order to Scalp A Profit".

I've been observing the short lived but meteoric break outs on my two NASDAQ listed ideas- Staffing 360 (STAF), and Live Ventures (LIVE).

Here's my comment from the aforementioned edition:

"If i were to buy STAF today at $1.40, I would immediately place a GTC Limit order of $1.90 for a trade. If LIVE was my favorite at $1.70, my GTC Limit would be $2.25."

Over the past 3 days LIVE has been in the midst of one of those short term, high volume break outs.

As you can see from the chart, it's been a nice ride this week- until the standard pullback yesterday.

The stock was around the $1.70 level only 4 trading days ago. Volume materialized for no reason I can figure out, and it started to move north.

I you had decided to pick up some LIVE in the $1.70 range as I suggested, and filed a GTC order at $2.25, you likely would have been taken out yesterday as the stock traded to a high of $2.26. Net return- 32% since late July.

This is a pattern that continues to repeat itself.

Next mover- STAF. I don't know when, but sooner or later it will break out for a day or two on high volume, and then head back down. If I were to pick it up today at the closing price of $1.37, I filed a GTC limit order to sell at $2.25 as well.

Viva Entertainment (OTTV) Announces its Arrival

Keep a careful eye on new idea Viva Entertainment (OTTV). This company is much father along in the development of its "Over The Top" Entertainment platform than either investors or the market understand.

Yesterday, OTTV issued a press release explaining the symbol they received related them to the "Over The Top" industry- which refers to the new generation of content providers like Netflex, Hulu, and the like. Click Here to read the entirety of the release.

The stock has traded on a range of $.06 to $.12 since I first published on it earlier this week. This idea is just getting started, and I'm looking for contracts and users to really push the price sometime over the coming weeks and months.


Text the word PROFITS to 86677 for instant delivery of the OTC Journal to your smart phone.

Email is not as reliable as it used to be. This will insure you receive each edition promptly.


MarketByte LLC has paid a fee of $10,000 and 200,000 newly issued restricted shares by Viva Entertainment for coverage of the company. MarketByte LLC has been paid a fee of 10,000 newly issued restricted shares for coverage of Staffing 360. The aforementioned shares have become free trading under Rulle 144. An additional 17,500 newly issued restricted shares and $2500 in cash has been paid for extension of coverage. MarketByte LLC was paid a fee of $10,000 by Live Ventures. The obligation to cover Live Ventures has expired. Coverage is provided voluntarily. MarketByte LLC owns no shares of LIVE at present.

 

Disclaimer

The OTC Journal Newsletter is an electronic publication committed to providing our readers with useful information on publicly traded companies. The Newsletter contracts with publicly traded companies and receives compensation from them or third parties as payment for publishing information and opinions about the company and the trading market for their securities. Principals of the Newsletter may also purchase or sell securities of the companies in the open market from time to time. The positions, if any, that the Newsletter or its principals presently maintain in the securities of the companies are disclosed here (click here) and should be considered in making an investment decision regarding these companies securities. The Newsletter and its principals reserve the right to acquire additional shares or liquidate some or all of the positions they may hold in the issuerís securities at any time in the future without further notice. These publications should not be considered to be independent publications concerning the company.

All statements and opinions expressed herein are those of the editors and are subject to change without notice. The Newsletter maintains editorial control over its publications and the companies profiled therein do not have any editorial rights concerning the information published about them. While we believe all sources of information provided by us and contained in our publication to be accurate and reliable, we cannot and do not guarantee the accuracy of information we received from third parties.

We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.finra.org. We also recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.

The information found in this profile is protected by the copyright laws of the United States and may not be copied, or reproduced in any way without the express written consent of the editors of otcjournal.com.

UNSUBSCRIBE

You can unsubscribe from this list at any time by Clicking Here. If you are having difficulty removing yourself or wish to change your address please go to http://www.otcjournal.com/opt/.