If you’ve been trading my recent winning alerts, you don’t need me to tell you how much is riding on today’s play.
So I cast my net as wide as it gets — opened up the screens — and imagine my shock, came up with an obscure little stock, Vidaroo Corp. (VIDA).
VIDA has an intriguing enough business model selling online video tools to everyone eager to cash in on the YouTube boom. (Read more)
These plans are not cheap at $50 to $300 per MONTH, so there’s plenty of potential to rack up a lot of money “selling picks to the video miners.”
But you’ve probably never heard of them, and a look at the VIDA chart will show you that this is one of those “intermittent” plays.
When the action’s there, VIDA can turn over 200,000 shares a session and give traders a 35% one-day return on their money!
When it’s not, VIDA just sits there and we find other things to do.
Obviously I’m hoping we have one of those blockbuster days today because I have a track record to protect and personal pride at stake.
And I think the chart backs me up here.
VIDA scored itself a “golden cross” a few days ago, so while the day-to-day price action is all over the place, the trend is rising!
Over the last 200 trading days, VIDA’s averaged about $0.014 a share. Long-term prognosis: dinky little stock, you knew that.
But the 50-day line — the more recent action — has been rebounding fast. Something has been nudging these shares up, up, UP!