Does everyone remember SPYR Inc. (SPYR), which we introduced to you in last Wednesday's newsletter? I know a few of you went ahead and bought it, and enjoyed the nice pop from the stock right out of the gate. In case some of you have forgotten what was so compelling about SPYR though, here's the gist - the company recently jumped into the mobile gaming market with an addictive little game called Plucky. It may well be a catalyst for sharp revenue growth from the company. The jaw-dropping part of the story wasn't the fact that SPYR had just proverbially hit the gas and was accelerating from effectively zero to 60 mph in less than six seconds. That was impressive, but not the aspect the tale that could end up making a world of difference for the company. What was amazing was the fact that SPYR finished 2014 with $7 million in cash and $6 million in marketable securities, and no debt. It's an almost unheard-of situation for a micro cap company to be that well funded and not feeling the burden of debt. More important, access to that kind of cash offers SPYR the flexibility to promote its new mobile game, acquire other revenue-bearing enterprises to supply other forms of cash flow, or a combination of both. That's the power of cash - flexibility. SYPR has it, which is more than half the battle for a young company looking to break into a new business. As it turns out, we weren't the only ones impressed by the awesome growth potential of SPYR in the wake of its new mobile game. Fast forward to today.... well, yesterday actually. That's when the company pointed out something we had missed since we didn't begin our coverage of the stock until last week. The KonLin Letter - an investment newsletter that looks for undervalued and underestimated low-priced stocks - has named SPYR as its stock pick of the year. Some of you are familiar with the KonLin Letter, published by Konrad Kuhn. It's been around for almost three decades, and aside from making some key calls about the broad market during that time, Kuhn has found bunches of small cap winners for KonLin Letter subscribers. That's why people pay him for the service. Point being, it's an accolade not to be taken lightly. Kuhn in many ways is staking his newsletter's good reputation on SPYR. It was some of the outlooks Kuhn offered in his April 20th write-up of SPYR Inc., though, that should really get you thinking. One of them was his revenue outlook for the company now that Plucky was available. Kuhn explained he's estimating a top line of $12 million for SPYR this year, and a profit of $4 million. Moreover, he believes SPYR could grow and acquire its way to twice that much revenue next year. At that level of sales and profits, growth largely becomes self-funding. It was the target price Kuhn set for SPYR that really got my attention, however. He's ultimately looking for a price of $3.00 to $4.00 per share, versus a current price near $0.75. He didn't offer any particular timeframe for getting to a price above $3.00 per share, but it's likely to be something achievable in the foreseeable future. The mobile gaming industry has been and is expected to keep growing at an annual pace of more than 20%, and SPYR just got into the industry with its very first (and very addictive) game. Any revenue at all from the game is going to be 100% new revenue. And, considering Candy Crush Saga generates over a million bucks a day in revenue, an outlook of $12 million in a year for Plucky seems more than achievable. In other words, it's not tough to see why Konrad Kuhn was willing to make it the KonLin Letter Stock Pick of the Year. As for the stock, it's pretty much behaved as you might expect a stock to behave after making a big, newsworthy splash. That is, SPYR rallied nicely between April 16th and April 30th as the company announced the game had been completed, and then announced Plucky was available at the Google Play store, and then announced it was available at the Apple app store. It's a lot of good news prodding the stock higher... maybe a little too much at one time. Sure enough, the profit takers have been locking their gains in over the past few days. You know what though? The pullback is actually a good thing since it's burned off the overbought condition and brought the price of the stock back down to palatable levels for anybody who didn't get into it the first time around. If that's you though, you may not want to tarry. We're seeing some hints that the bulls are already gearing up again for another move. See the shape of the bars for Wednesday and Thursday? Though the stock closed lower each day, SPYR shares also closed well above each day's low, bouncing back from strong selling pressure. It's a sign that when push comes to shove, there are more buyers waiting in the wings - testing the waters - than you might think there are just by taking a quick glance at the chart. It's also telling how the selling volume we saw so much of on Wednesday is already starting to dry up. It seems like the initial wave of profit-taking has all but run its course. From here it looks like the bigger-picture bullish undertow the KonLin Letter sees with SPYR is about to get going again. So, if you missed getting in the first time around, this dip is a good-looking second chance at an entry. There may not be a third.