Hi everyone,
Today my topic is about penny stock which made some guys rich and some guys poor. Just have a look at the MTV:lon sp on10 of September. It seems that just only a few days ago the share price went to the new highs, sp has very massive volumes (more or less 3B-4.5B shares traded). That what i call dream of the day trader. Also in the same week there was high volatility so some of the traders had some chances to make a few good trades... But the problem is that the price dropped masively at 12 of september. The funny thing is that lots of the guys sold out their shares just because they didn't get any reports about mtv products directly from apple on the iphone 5s presentation day in America.
Great company that MTV though. Apple is working on a new version of the Apple TV, and according to MG Siegler, it could arrive as soon as next month. We have independently heard that a new version of the Apple TV is in development, but our sources have not provided a clear picture in terms of a launch timeframe. There are the rumours that MTV company going to be a part of some Apple projects. Therefore MTV is looking for global market not just Europe but also Asia, US. If they going to sign contract with a tv companies in USA, the price will fly as a rocket. From short term perspectives mtv seems really high risky but i prefer stay long and wait as Warren Buffet would do. Nothing is a loss if you didn't sold your stake still.
Mtv products:
Video2Go is an innovative solution which addresses the need for broadcasters and Pay TV operators to distribute securely their content to every screen and any connected device in the household.With Video2Go, viewers can also interact with social media to enrich their viewing experience, access relevant content and communicate with other users.
Mocast enables networks to reduce peak demand congestion and most efficiently manage delivery of on-demand video content, thereby cutting investment in capacity, capturing lost revenue, and increasing ARPU, as well as providing a better experience for the viewer. It helps operators retain revenue in periods of service saturation and provide load balancing on their network caused by peak streaming video usage. Mocast is a software-based solution running on standard network server hardware and operating systems.
Tablet TV LLC is a United States joint venture between Motive Television and Granite Broadcasting Corporation, and is based on Motive Television’s expertise in creating and deploying solutions for delivering content to any audience using any distribution network. Tablet TV is designed to address the huge and rapidly-growing US tablet and smartphone market, meeting the demand for watching long-form video on these highly popular devices.
So in my opinion if these products will go to the worldwide markets it will be a great company with a good financial statement at the end of the day. So i prefer to stay long.
Here you can see one post about tablet projects.
http://ipad.about.com/gi/o.htmzi=1/XJ&zTi=1&sdn=ipad&cdn=gadgets&tm=44&f=00&su=p284.13.342.ip_p504.6.342.ip_&tt=2&bt=1&bts=17&zu=http%3A//www.elgato.com/eyetv

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