MEET: Get It While It's Low
Back in September, I mentioned that MeetMe, Inc. was social networking stock worth looking into.
Here is a historical chart of the stock's performance since that post:
I have been tracking this stick and it does have a very predictable pattern for trading.
Points To Know
Also, there have been positive news posted about MeetMe, Inc. which just pinpoints to me the positive potential this stock has to climb. Here are a very things I will point out:
- Increased monthly and daily active users.
- Recently ranked No. 1 in the Internet category and No. 3 overall on Deloitte’s Technology Fast 500™.
- At least 1 out of 5 relationships in the U.S. have started online.
- People are lonely. There will be increased use of online dating/matchmaking systems during the Christmas and New Year holidays.
As people become introduced to MeetMe, I believe that the company's members base will continue to grow. More members means increased profit for the company.
Stock price closed at $1.83 on Friday, 2013 11 22. Recent high was $2.40.
This Is A Good Time To Buy At The Dip .....