MagicJack (CALL) Jumps 8%, and Still Has Room to Run

Jul 9, 2020

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01:13 PM PST

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Good afternoon all, and welcome back from the weekend. Perhaps more important, congratulations to anyone who pulled the trigger on Friday's bullish recommendation on MagicJack VocalTec (CALL). CALL shares were up big-time today, closing almost 8% higher, translating into a gain of 7% for those of you that got in around the opening price of $5.80. Like we said then, we saw the move coming a few days ago.


I'll also remind you that subscribers to the Under the Radar Movers newsletter are well ahead of you guys on the trade. James Brumley and his team recommended MagicJack to them on Thursday, getting them in at a price of $5.47. Those people are now up 14% on CALL, and as such have a ton of wiggle room to play with.


We'll again stress what we told you on Friday -- if you want more trades like the MagicJack trade earlier and more often, then you want to become a subscriber to the Under the Radar Movers service. On average, there's at least one new trading idea per day.... some long-term, some short-term, but all of them great-looking ideas.

MagicJack (CALL) is Ready to Dial Up a Rally

Jul 9, 2020

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01:13 PM PST

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Hello friends and fellow traders, and welcome to the weekend. Hopefully you've got something more exciting planned than what the market had for you this week. Geez, talk about the dog days of summer. The S&P 500's close today was pretty much where it closed two Fridays ago, and perhaps even more annoying is that during that time it only traded as low as 2168 and as high as 2194. That's only a 1.2% span, which is very tight for the market even by summertime standards .


I have to say though, the bulls are playing their cards the best way they can if they're trying to sidestep a setback. They're letting the support level around 2176 do its job. The longer they can just hold the line here, the more comfortable investors will get. Maybe we won't have to suffer the usual September weakness after all.

Today's Trading Can't Start Until Staffing 360 Solutions (STAF) Does This

Jul 9, 2020

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01:13 PM PST

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Good morning friends and fellow traders. No, you're not confused just because it's early on the first day back to work from the weekend. The SmallCap Network newsletter is being sent early today because there's something cool happening this morning... in just a few minutes, in fact. The folks who run Staffing 360 Solutions (STAF) will be ringing the NASDAQ's opening bell today. Not only is it an honor, it's great publicity.


Bryan Murphy gave us a deeper discussion on the matter at the site on Friday, but I can sum it up for you here... the event is going to introduce STAF to a whole new group of investors who've never heard of the company before. They're going to dig around. When they do they're going to find the same information Bryan posted at the website late last week. That is, rising revenue, rising gross profits, improving EBITDA, and improving cash flow.


Viva Entertainment Group (OTTV) is Further Along its Growth Track Than First Thought

Jul 9, 2020

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01:13 PM PST

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Happy hump-day one and all. Well, we can't say we're terribly surprised about today's market weakness. Stocks have been overbought and overvalued for a while now. Between that and the calendar, weakness should be expected.


On the other hand, it's not like today's pullback did any real damage. All the indices remain above their critical support levels. The market will have to take on a lot more water before we get worried about the bigger picture.


We're going to look at the good, the bad, and the ugly about the market below. The first thing we want to talk about today is the big news from Featured Stock Viva Entertainment Group (OTTV).

Surprise! Sack Lunch Productions (SAKL) Has Another Growing Business

Jul 9, 2020

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01:13 PM PST

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Howdy folks. How was your Tuesday? It wasn't a great one for the overall market -- the indices mostly just drifted sideways (again), as traders continue to grapple with valuations. Nobody's saying that, but that's what's going on. The funny thing is, the valuation problem quietly got a little worse within the past few days while nobody was looking.


We'll look at the broad market in a moment. The first thing we want to do today is make sure you saw the news from Sack Lunch Productions (SAKL).


Long story made short, though the focus on Sack Lunch Productions to date has focused on the growth of its events like Slide the City (a 1000-foot slip-n-slide) and The Dirty Dash (a foot race through the mud), that's not all the company does. It's also the majority owner of a publicly-traded salon holding company called Green Endeavors Inc (GRNED), which operates three eco-friendly salons in Utah. That company has driven $1.65 million worth of revenue over the course of the first six months of 2016, which is 13% better than the top line tally at this point a year ago. As majority owner, that also benefits SAKL.

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