Market Alert – Wall Street Rumblings – Up, Down, and around Wall Street – Issue #LXX – dated September 17th, 2012 – by RAY DIRKS Research featuring Ray Dirks and his team of Money Managers and Security Analysts – in association with the internationally followed Web Sites – www.CorporateProfile.com and www.CPreports.com, where Fashion meets Finance, and where Stocks meet Blonds.
Wall Street Rumblings was right again last week as the stock market roared ahead to
multi-year highs for all the averages and the second weekly gain in September, fueled by the strong Federal Reserve pronouncement and Chairman Ben Bernanke’s well-presented appearance and explanations before the U. S. Congress this week.
Even better, for our Readers, the stocks we are recommending continued to move up, on average, more rapidly than the general market, led by our newest recommendation in last week’s issue of Wall Street Rumblings – Beazer Homes (BZH on the nyse), which soared 21% to $3.77 from $3.11 at the previous Friday close.!!!
Ray Dirks and his team of Money Managers and Security Analysts continue to urge investors to buy Beazer Homes and the other 10 stocks we mentioned last week, which included DURECT (DRRX) up 13% to $1.26, Chicago Bridge & Iron (CBI) up 4% to $41.36, Hartford Insurance Services HIG) up 4% to $20.34, Implant Sciences (IMSC) up 3% to $1.45, AFLAC (AFL) up (Quack,Quack!!) 2% to $49.34, and Vringo (VRNG) up 1% to $3.51.!!! The only stocks that moved down last week – Medgenics (MDGN) at $10.89, Pegasi Energy Resources (PGSI) at $0.69, and Pluristem Therapeutics (PSTI) at $3.83 – (who raised $31 Million +) will likely bounce back sharply this week. We recommend that investors looking for exceptional returns on a leveraged basis Buy the Medgenics warrants (MDGN-WTS) at $4.75.
This week, Wall Street Rumblings has another potential winner for you stock market investors, whether you’re an individual or an institutional investor. We met with the company’s new management team last week in New York City at the downtown Marriott Hotel, where they attended an industry conference featuring mobile media and app companies The name of the company is Bitzio, and the symbol is BTZO on the Bulletin Board. Bitzio closed on Friday at 14 cents per share, whereas 3 months ago – on June 13th, BTZO closed at 34 cents per share. The 12-month price range is 70 cents to 11 cents, and the Market Capitalization is just $9 Million!
Recently, Bitzio announced “several major developments which strengthen the company’s balance sheet and its executive team to further focus the Company on its targeted app development for sports and entertainment properties. Peter Henricsson is taking on the role of President and CEO of Bitzio. Previously, Henricsson was Chairman and CEO of Cellpoint Inc. from 1996 to 2002. With customers such as France Telecom, British Telcom, Tele2, and KPN, etc. Cellpoint was the world’s leading company in mobile technologies and services around location based services. The company achieved a market cap of $1 Billion, and was uplisted to a NASDAQ NMS listing in 2000. Commenting on his new executive role, Peter Henricsson, President and CEO of Bitzio, Inc, says “Bitzio is focused and uniquely positioned to sweep the local app and game market with their access to long standing relationships with some of the largest international sports clubs and entertainment organizations in the world. “I was so impressed with their strategy, team, and strategic acquisitions as well as their media licensing relationships I knew I wanted to take on a leadership role with the company…The mobile applications market is growing rapidly, and experts predict 100% annual growth driving revenue from $10.2 billion in 2010 to $100 billion in 2015. As an early player in the mobile industry, I’ve seen the industry change from simple phone calls to an entire new way of doing business within the app world.”
Bitzio recently announced a licensing partnership with the NFL Players Association to
Develop and market in the 4th quarter of 2012 an innovative player-based trivia application for IOS devices. The Football Trivia app will pit fan against fan as they answer trivia questions about a selected player in a competitive duel about football knowledge. “Bitzio will offer one of the most innovative sports trivia games on the market today”, said Kathy Vu, Vice President of Licensing and Business Development for NFL PLAYERS. “This partnership brings unique challenges to our devoted fans and gives them a new platform to demonstrate their knowledge of football and passion for our players.” Fans can look forward to playing with football stars like Peyton Manning Adrian Peterson, Tom Brady, Ndamukong Shu, Tony Romo and Aaron Rodgers with many more fan favorites slated for addition in the coming weeks and months.
RAY DIRKS Research suggests that investors review the Bitzio web site, www.bitzio.com
Readers of this report should place no more than 1% of the money they devote to common stocks in the shares of any one company. It’s best to diversify.!
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